Zynga debuts on the NASDAQ Global Select Market at $10.00, and trades between $9.00 and $11.00 during the day. Foundry owns 6.1 percent of Zynga before the IPO, or 34,560,060 shares. Foundry invested less than $5 million in Zynga, but today it holds around $345 million worth of Zynga shares. This is on top of an earlier $22.58 million buyback and $25 million generated via the sale of shares in the IPO.
Do you love news? Help us add and summarize the world's news. Find out more