Technology Stocks Ends Higher on Thursday; Zynga (NASDAQ:ZNGA) Picks Maytal Olsha as COO while DST Systems (NYSE:DST) CEO McDonnell Departs – ZNGA, DST, EA, SPRT, IPAS, LTON

Last trading session’s data showed that Technology sector reacted positively with +1.22% change. Support.com, Inc. (NASDAQ:SPRT) and iPass Inc. (NASDAQ:IPAS) were major gainers in this sector while major decliner was Linktone Ltd. (ADR) (NASDAQ:LTON).

Zynga Inc. (NASDAQ:ZNGA) appointed Maytal Olsha, a ex- online-gambling executive, as its chief operating officer of new markets, ahead of the company’s plans to offer real- money wagering coming year.

The game manufacturer reported in an e-mailed statement on Thursday that Olsha, who was earlier a senior vice president at 888 Holdings Plc, would assist to manage gambling strategy and development at Zynga. Olsha will report to Executive Vice President Barry Cottle.

Zynga Inc.’s YTD performance was recorded as -68.54% while its market capitalization was 2.25 billion. The company has P/B ratio of 1.21. Institutional ownership owns 44.73% shares of the company. Net profit margin of the company was -41.73% while its gross profit margin was 68.06%.

DST Systems, Inc. (NYSE:DST) reported on Thursday that Thomas McDonnell has retired as CEO.

Financial services software maker reported that McDonnell reported his retirement on Wednesday, effective immediately, but aims to remain as board chairman through December. DST Systems has around 13,000 workers worldwide.

DST Systems, Inc. has market capitalization of $2.49 billion. Its current ratio was -0.79 while its shares were looking forward SMA 50 with +5.08. The company offered earning per share of 6.03 while its 44.95 million shares were outstanding. YTD performance of the stock was +22.17%.

Electronic Arts Inc. (NASDAQ:EA) has the market capitalization of $4.53 billion. The company’s EPS was 0.19 while its 318.39 million shares were outstanding. Its institutional ownership was 89.83%. Shares of the company were moving ahead of SMA 50 with +13.63% while its YTD performance was -30.87%.

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