Thursday, March 27, 2014

‘Candy Crush’ maker’s stock falls in public debut - Business - The Boston Globe

Not so sweet?

"King’s stock priced at $22.50 on Tuesday, valuing the company at $7.1 billion. But it opened on Wednesday at $20.50, down almost 9 percent. Its shares lost more ground by the day’s close, falling more than 15 percent.

King Digital Entertainment PLC had $1.88 billion in revenue last year. That’s more than 10 times its 2012 revenue of $164.4 million."
‘Candy Crush’ maker’s stock falls in public debut - Business - The Boston Globe

No comments: