![]() That total does not fully reflect the value of the deals announced but just the net cash spent on other companies. By the end of 2020, Zynga had spent more than $2 billion in actual cash on acquisitions since going public, according to FactSet Research. ![]() Zynga purchased OMGPop in 2012 for the mobile game “Draw Something,” and the company went on to spend billions on similar acquisitions over the next decade, while the share price stayed lower than $10. Where “Farmville,” “Zynga Poker” and other early Zynga games found their fans, and moved to mobile. But Zynga shares were pummeled in 2012, as gamers departed Facebook Zynga went public in December 2011 at $10 a share, and spent a few months after the initial public offering trading higher than that price. 6, 2019, when they dropped 13.8% following a particularly disappointing outlook. On Monday, Zynga shares closed at $8.44 for a 40.7% gain, while Take-Two shares finished down 13.1% at $142.99, their worst drop since Feb.
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