Scalper1 News
King Digital, maker of hit mobile game “Candy Crush Saga,” left a sour taste with investors Wednesday as the IPO fell 16% in its debut. King Digital Entertainment’s (KING) initial public offering had attracted a ton of interest, and trepidation. While its hit game was the most downloaded of 2013, industry analysts expect its popularity to fade. Indeed, King disclosed in IPO filings that its Q4 revenue fell vs. Q3. The IPO priced at 22.50 a share Scalper1 News
Scalper1 News