Zynga Rises on Report Mattrick Becoming CEO: San Francisco Mover
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Zynga Inc., the biggest maker of online social games, surged as much as 13 percent after AllThingsD reported that the company may replace Chief Executive Officer Mark Pincus.
Zynga may name Don Mattrick, entertainment head at Microsoft Corp., as CEO as early as today, AllThingsD said, citing people familiar with the matter. Shares of Zynga rose 9.4 percent to $3.04 at 1:39 p.m. in New York, and earlier touched $3.14 for the biggest gain since April 3.