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Zynga: The worst may be yet to come
Last week was an ugly one for Zynga. An earnings shortfall and reduced guidance for the coming fiscal year resulted in a 40 percent drop in the company’s stock, which brought out the doomsayers. Those corporate obituaries are premature, but the company is likely to face some even rockier times before there’s much chance of things getting better. Zynga is facing a tremendous series of hurdles as it struggles to course correct. The social gaming …
