Social gaming company Zynga is set to float in the week before the American Thanksgiving holiday on November 24, according to a new Reuters report.
The report comes weeks after Zynga originally filed. However, reports have indicated the company has held back due to market volatility.
It also comes alongside reports that Groupon will float within the next two months.
According to the report, the plan is not yet finalised and could change, but does signify the company is now getting more serious about locking down a date.
Zynga released its financial results recently, but analysts were surprised by the negative profit result – net income fell from $US13 million to $US1.3 million.
Patrick Stafford is a freelance journalist and a former deputy editor of SmartCompany.
