Zynga Inc. (NASDAQ: ZNGA) traded in the range of $2.42 and $2.55 during its latest trading session. The stock had opened at $2.46 and closed at $2.485, up 7.11 percent from its previous close of $2.32 with heavy volume. Zynga is up on the news of its possible deal involving real money games.
The company is looking to make its foray into online poker business. Zynga develops and markets social games. The stock is likely to remain neutral in short term time frame and it may find its first support level at $2.11.
Lululemon Athletica Inc. (NASDAQ: LULU) opened at $70.71 and oscillated in the range of $66.60 and $73.57 in the current trading session. It closed at $73.57, up 7.26 percent from its previous close of $68.59. Lululemon Athletica is up on its earnings report. The company reported its quarterly earnings at 39 cents per share, beating consensus estimate of 37 cents per share. Its revenue stood at $316.5 million, up 37 percent.
Lululemon Athletica shows neutral trend and the stock’s first resistance level is at $73.27. Upon breaching this level, the stock may touch $76.04. On the downside, it may slip to $71.11.
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