On the first day of its ipo, the shares of Zynga direct has dropped substantially. The share fell within a few hours of 11 u.s. dollars per unit to under $ 10. That may have consequences for ipos from other ict companies.
The share of Zynga, which closed on its first day at $ 9.50, where at the beginning of the day just 11 dollars was evident from information from Bloomberg. The shares were initially 10 dollars per piece sold. This is the company on his first day of five percent of less worth, which is unusual for ipos.
The developer of the mainstream-games like FarmVille and Mafia Wars has still a market value of 6.6 billion euros. Yet shareholders and analysts disappointed: according to an investor, the results are seen as a failure. That may have consequences for ipos of other ict companies, with a lot of interest will be reviewed. As a result, they may have their share prices at the start to reduce. Among others, Facebook would within a short time, to the stock market want to.
Previous ipos of LinkedIn and Groupon were better, even though their share prices later fell. Critics point out that the disappointing results of ict-companies to the stock market, might indicate a new bubble. Around the year 2000, there was also a tech bubble: ict start-ups were in value enormously over-estimated, after which the bubble eventually burst and many companies went bankrupt.