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Why Zynga Stock Soared 56% in 2019


Shares of Zynga (NASDAQ: ZNGA) gained 55.7% in value last year, according to data provided by S&P Global Market Intelligence.

The mobile game maker has been a solid growth play in the video game industry. The company found itself raising full-year guidance after each quarter, as revenue growth continued to outperform management's expectations. The steady momentum provided plenty of juice to fuel the stellar stock performance over the last year. 

Alec Baldwin loves to play Words with Friends. Image source: Zynga.

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Source Fool.com

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