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Facebook, Zynga shares active after hours

LOS ANGELES (MarketWatch) -- Facebook Inc. and Zynga Inc. shares remained active Friday evening, with Facebook's stock slightly adding to dayside gains that marked their best advance in a week.

Late-traded Facebook shares (FB) were up 0.2% at $33.11 on heavy volume of nearly 14 million shares traded. The shares closed the regular session up 3.8%, with Nomura Equity Research late Thursday initiating coverage of the social-networking company with a buy rating and $40 price target.

In after-hours trading, shares of Zynga Inc. (ZNGA) edged up a penny to $6.01 in active late-session volume of nearly 540,000. Shares of the company, which receives the majority of its revenue from its relationship with Facebook, jumped 4.8% during the day. Earlier, Lazard Capital Markets told clients that Zynga's recent games, such as "Bubble Safari" and "Ruby Blast," could "drive up usage in the near term and allay investors' concerns about declining usage." Read more about Friday's action in Tech Stocks,

Tech stocks finished higher on Friday, pulling the Nasdaq Composite Index (COMP) back into positive territory for the week. The Dow Jones Industrial Average (DJIA) and the S&P 500 Index (SPX) also closed higher in the daily session after the European Central Bank said it would take further steps to ease loan collateral for banks. But the blue-chips index and the large-cap index each finished the week with losses. See more in Market Snapshot.