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FEB 24, 2014 - TheStreet

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Zynga Cracks $5 and Starts Luring Bulls

NEW YORK (TheStreet) -- The best is yet to come for Zynga , which continues to generate exciting news for investors. The social game maker drove home three new 52-week highs this month. Impressively, last week gave us the best closing since July 2012. Shares also closed at or above the key $5 amount every day during the last, albeit short, week. Trading over $5 is paramount because stocks under that threshold are not marginable at a large proportion of brokers. Many funds and investors won't touch what they perceive as a bankruptcy candidate. Once allowed, some investors will surely use ... Read More

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