3 Buzzing Social Media Stocks: Zynga’s Addition to Its Arsenal, Facebook Tries Out New Revenue Channels, and Groupon Rides an Upgrade

Zynga (NASDAQ:ZNGA): Still buoyed by the news that Microsoft’s (NASDAQ:MSFT) Xbox division leader, Don Mattrick, will be taking up a high-profile position at Zynga, investors are packing on significant share gains for the second day in a row. Jim Cramer weighed in, saying: “[$1.6 billion] in cash for a [$2.4 billion] market cap with a new CEO — that seems pretty hopeful. I am mindful about how well GRPN did after sacking Mason.” Fast Company points out that Mattrick was “the force behind The Sims” at Electronic Arts, and championed the Kinect at Microsoft.