Zynga (ZNGA) chugs along as Q1 results beat expectations

Zynga Inc ZNGA shares climbed 6.3% to $2.78 after the company reported better-than-expected results for the first quarter and announced its plans to lower around 18% of its workforce by the end of the year. Share volume was 16.5 million, compared to an all-day average of 20 million