Zynga shares halted twice in volatile trade

NEW YORK Fri May 18, 2012 12:59pm EDT

The corporate logo of Zynga Inc, the social network game development company, is shown at its headquarters in San Francisco, California April 26, 2012. REUTERS/Robert Galbraith

The corporate logo of Zynga Inc, the social network game development company, is shown at its headquarters in San Francisco, California April 26, 2012.

Credit: Reuters/Robert Galbraith

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NEW YORK (Reuters) - Shares in social gaming company Zynga Inc (ZNGA.O), which generates the majority of its revenue from Facebook, were halted twice in volatile trading on Friday as the stock jumped around on the same day as Facebook Inc's (FB.O) debut.

Shares of Zynga were down 5.6 percent to $7.80 a share, having hit an earlier low of $7.08 a share, which triggered an automatic halt due to the fluctuation in its price.

(Reporting By David Gaffen; Editing by Chizu Nomiyama)

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