6 October 2024

Howe Street Reporter Title

Tag: MTG

  • E-Sports ETFs are terrible and not really about e-sports, but what is?

    E-Sports ETFs are terrible and not really about e-sports, but what is?

    Zynga (ZNGA.Q), the mobile video game developer, is a terrible investment. The sort of large company that only stays large because it’s large to begin with, thereby attracting dumb investment from institutional folks who buy the things they see mentioned on CNBC, Zynga made US$280 million in revenues last quarter, dropping a net loss of…