4 Radar Stocks: Traders Are Anti-Social With Zynga and AT&T Raises Dividend 28 Consecutive Years

Zynga Inc. (NASDAQ:ZNGA) did not live up to the hype.  Unlike previous social networking IPOs like Groupon (NASDAQ:GRPN) and LinkedIn (NYSE:LNKD), Zynga fell 5 percent on its opening day, and continue to head lower in extended trading.  Since 2010, eight-teen out of thirty internet social stocks are now trading below their IPO price.

Investing Insights: These Wall Street Analysts Hate Zynga Stock.

Shares of Cablevision Systems Corp. (NYSE:CVC) closed down more than 8% on Friday.  The company was downgraded from buy to hold at ISI Group.  The company also unexpectedly announced that its chief operating officer will be leaving the company.

Comcast Corp. (NASDAQ:CMCSA) is attracting attention after Chief Executive Brian Roberts agreed to pay a $500,000 civil penalty to settle charges relating to pre-merger reporting.  In a statement, Comcast said: “Comcast and Mr. Roberts appreciate the acknowledgement by the Federal Trade Commission that this was a technical and inadvertent violation that was self reported, promptly corrected, and did not involve any financial gain to the company or to Mr. Roberts.”

Don’t Miss: Gold and Silver Close Friday Higher: SLV, GLD.

For the 28th consecutive year, AT&T Inc. (NYSE:T) raised its annual dividend.  The company raised its quarterly payout to 44 cents, representing a penny increase.  The company pays out $10 billion in annual dividend payments, making it the largest dividend company in the world.  Wireless rival, Verizon (NYSE:VZ) also pays a large dividend.

Investing Insights: Goldman Sachs Loves These 9 Tech Stocks.