Trending News Channel

Zynga Set to Sell 100 Million Shares in Huge IPO

Zynga is trending after the online gaming company filed documents that set their initial public offering at $8.50 to $10 a share, potentially valuing the company at $7 billion.

Zynga, the company behind FarmVille, Mafia Wars, and CityVille, is set to sell 100 million shares, or 14.3 percent of its total, a figure higher than other recent IPOs like LinkedIn and Groupon.

Zynga has taken some P.R. hits recently, with players dropping off and an article in the New York Times portraying Zynga as a stressed-out, unhappy workplace.