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Why Zynga Stock Jumped Today

TheMotleyFool

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Shares of Zynga (NASDAQ: ZNGA) popped 9.4% on Tuesday, following the release of the video game developer's third-quarter financial results.

Zynga's revenue surged 40% year over year to $705 million, boosted by strong growth in international markets. The mobile gaming company also delivered record bookings -- an important sales metric that accounts for changes in deferred revenue -- of $668 million.

Notably, Zynga's average mobile daily active users (DAUs) climbed 21% to 38 million. Its average mobile monthly active users (MAUs), meanwhile, soared 120% to 183 million.

Source Fool.com

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