Fidelity Sells Over 5 Million Shares of ZYNGA (ZNGA)
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In a 13G filing earlier today on ZYNGA (NASDAQ: ZNGA), mutual fund FMR LLC disclosed a 0.128%, or 294,025 share, stake in the company. This is down 94.72% from the 5,567,900 shares held in February.
Traders could view the news as a positive, as the major sales from FMR and others could have been an overhang and help explain the recent weakness.
For more notable holders of ZYNGA-A stock click here. For more information on FMR LLC click here.
Traders could view the news as a positive, as the major sales from FMR and others could have been an overhang and help explain the recent weakness.
For more notable holders of ZYNGA-A stock click here. For more information on FMR LLC click here.
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