NEW YORK (AP) — Investors will get the chance to reap “Farmville’s” harvest on Friday, as shares of online game developer Zynga Inc. start trading on the Nasdaq Stock Market.
It will mark the largest IPO since Google Inc. went public in 2004, according to data collector Dealogic.
The San Francisco company, which specializes in Facebook games, priced its initial public offering late Thursday at $10 per share, valuing the company at about $7 billion.
The price was at the top of its expected range, a sign that investors are eager to dig into the latest in a series of high-profile technology IPOs this year.
Zynga stands to raise slightly more than $1 billion from the offering, before subtracting for expenses.