Social Media: Driving the Market
By Tim Fields
Facebook is not the only stock out there being affected by its IPO… it’s evident, especially with the companies close to FB and its competitors.
For instance, Zynga (ZNGA), a DMB Recommendation, is up today and will probably be up for the rest of the week.
Shares of ZNGA have picked up nearly 6% today. Why?
Because, before the market opened, Facebook raised the price range for its IPO to a range of $34 to read more...