Could Zynga Stock Double By 2023?
- Wednesday, August 26, 2020, 7:15
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Zynga (NASDAQ: ZNGA), a fast growing gaming company with a market capitalization of $10 billion, has seen its stock rise by 50% this year. The stock now trades at over 4x projected 2020 revenues, despite the fact that the company will post a loss this year. Does this make the stock expensive?..