Zynga Inc (ZNGA)

[Trevor11]

ZNGA: HEDGE,FUND,CLEARLINE,CAPITAL,INCREASED,ZYNGA,HOLDINGS,TO,$$51.67M/22.66M,SHARES,(UP,9.29M,SHARES)






CLEARLINE CAPITAL LP, SEEMS BULLISH, BUYS MORE ZNGA, OWNERSHIP UP FROM 13.37 MILLION TO 22.66 MILLION SHARES = 9.29 MILLION SHARES ADDED (69.49%) INCREASE

VALUE CURRENTLY, $51,670,000 MILLION DOLLARS







Clearline Capital LP Increased Zynga INC (NASDAQ:ZNGA) by $18.58 Million as Shares Declined


BY POST STAFF WRITER — JUNE 17, 2016


MARC MAJZNER INCREASED ITS STAKE IN ZYNGA INC (NASDAQ:ZNGA) BY 69.49% based on its latest 2016Q1 regulatory filing with the SEC. CLEARLINE CAPITAL LP BOUGHT 9.29 MILLION SHARES AS THE COMPANY’S STOCK DECLINED 11.63% while stock markets rallied.

THE HEDGE FUND RUN BY MARC MAJZNER HELD 22.66M SHARES of the edp services company at the end of 2016Q1, VALUED AT $51.67 MILLION, UP FROM 13.37 MILLION at the end of the previous reported quarter. CLEARLINE CAPITAL LP WHO HAD BEEN INVESTING IN ZYNGA INC FOR A NUMBER OF MONTHS, SEEMS TO BE BULLISH ON THE $2.07B MARKET CAP COMPANY...



Source:

www.bibeypost.com/clearline-capital-lp-increased-zynga-inc-nasdaqznga-by-18-58-million-as-shares-declined/