Zynga (ZNGA) stock rallies a solid 40% after an eye-popping deal of its acquisition from Take-Two. Analysts have already started giving 50% higher price targets from the current levels.
The mobile daily active Zynga users and the mobile monthly active users recorded its best average with 31 million and 81 million respectively in six years.
As Zynga announced its plans to acquire Turkish mobile gaming firm Peak, ZNGA stock is in the green. Now it is around 5% up.