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Business

Zynga posts loss but beats forecast

NEW YORK — Battered shares of Zynga Inc. soared in after-hours trading Wednesday after the social gaming company posted stronger-than-expected revenue for the third quarter and said it will enter the gambling business.

Zynga booked a loss in the third quarter due largely to a charge marking down the value of mobile game company OMGPop, which it acquired in March for $183 million.

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