- With fears of Candy Crush Saga dependence and slowing growth weighing heavily on investors, King Digital (KING) opened at $20.50 and has quickly fallen to $19.94, down 11.4% from an IPO price of $22.50.
- The social/mobile game developer has a market cap of $6.3B, or 3.2x 2013 bookings.
- Zynga (ZNGA -2.7%) is moderately lower.
- King's prospectus
From other sites
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at Investor's Business Daily (Feb 13, 2015)
at CNBC.com (Feb 12, 2015)
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