Zynga Surges in 2019, but Is the Stock a Buy?
Shares of leading mobile gaming company Zynga (NASDAQ: ZNGA) have been on an absolute tear this year. The stock has hit levels not seen since 2012, easily outperforming gaming peers such as Electronic Arts and Activision Blizzard year to date.
Though Wall Street remains bullish on this $6 billion company, there are serious valuation concerns and risk factors that investors need to be mindful of going forward.
Image source: Zynga
Source Fool.com
