Zynga Cuts 2014 Forecast, Delays Various Gaming Titles
Zynga Inc on Thursday reported unexpectedly weaker second-quarter bookings, and slashed its 2014 forecast after saying it had delayed several games including a revamped version of “Zynga Poker.” Shares in the San Francisco-based mobile gaming company, known for the “FarmVille” game, were down 9 percent in after-hours trading on the Nasdaq after ending Thursday’s session up 13 cents at $2.92. Other delayed titles included “Words with Friends” and mobile games from Natural Motion, a studio it acquired for $527 million in January.
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