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Tech Stocks Outlines! Zynga Inc (ZNGA), Frontier Communications Corp (FTR)

Shares of Zynga Inc (NASDAQ:ZNGA) ended Monday session in red amid volatile trading. The shares closed down -0.05 points or -1.72% at $2.86 with 12.98 million shares getting traded. Post opening the session at $2.91, the shares hit an intraday low of $2.84 and an intraday high of $2.92 and the price vacillated in this range throughout the day. The company has a market cap of $2.61 billion and the numbers of outstanding shares have been calculated to be 764.83 million shares.

Zynga Inc (ZNGA) announced that the Company has appointed Gerard Griffin as Chief Financial Officer effective immediately. Griffin will oversee accounting, finance and investor relations, and will report directly to Chief Executive Officer Frank Gibeau.

“Gerard’s 25 years of financial experience and deep understanding of the games, media and technology industries will be instrumental to Zynga,” said Gibeau. “His disciplined financial leadership and approach of working closely with teams to deliver high margin digital revenue, coupled with his ability to navigate business turnarounds, will help put us in a stronger position to achieve long-term growth.”

Griffin, 49, brings to Zynga more than two decades of industry experience in financial and operational management within the gaming, media and technology sectors. Before joining Zynga, Griffin spent more than 10 years at Electronic Arts, Inc., a global leader in digital interactive entertainment. Most recently, he served as Senior Vice President of Finance where he was the finance leader for EA’s Studios, Marketing and Publishing organizations. Before that, he spent more than six years in Geneva, Switzerland as Vice President and Chief Financial Officer for EA International. In that role, Griffin oversaw EA’s international finance functions and served as the lead finance partner to EA’s Chief Operating Officer and Global Publishing organization.

Shares of Frontier Communications Corp (NASDAQ:FTR) ended Monday session in red amid volatile trading. The shares closed down -0.02 points or -0.48% at $4.14 with 16.73 million shares getting traded. Post opening the session at $4.16, the shares hit an intraday low of $4.14 and an intraday high of $4.25 and the price vacillated in this range throughout the day. The company has a market cap of $4.75 billion and the numbers of outstanding shares have been calculated to be 1.17 billion shares.

Frontier Communications Corp (FTR) plans to release third-quarter 2016 results on Tuesday, November 1, 2016 after the market closes, and to host a conference call that afternoon at 4:30 P.M. Eastern Time. The conference call will be webcast and may be accessed in the Webcasts & Presentations section of Frontier’s Investor Relations website at www.frontier.com/ir.

A telephonic replay of the conference call will be available from 8:00 P.M. Eastern Time on November 1, 2016, through 8 P.M. on November 6, 2016 at 888-203-1112 for callers dialing from the U.S. or Canada, or at 719-457-0820 for those dialing from outside the U.S. or Canada. Use the passcode 7158179 to access the replay. A webcast replay of the call will be available at www.frontier.com/ir.

Zynga Inc, NASDAQ:ZNGA, Frontier Communications, NASDAQ:FTR, ZNGA, FTR

 

 

 

About Anthony Davis

Anthony Davis has been a contributor on technology for us since from day one. Anthony Davis has provided his services independently. His educational background in technology has given him a broad base of writing columns on technology.

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