IPO Does Not Crush: Opens At $20.50 After Initially Pricing At $22.50, Down 9%

King Digital, publisher of the breakthrough mobile game Candy Crush Saga, began trading as a public company today not with a crash but a whimper. The stock, whose shares were priced at $22.50 on Tuesday, opened trading at $20.50, down nearly 9%. The $22.50 was at the lower end of the $21-24 range it initially set when it filed on March 12 for the IPO. As Kim wrote yesterday, the IPO is… Read More

Por Administrador
Administrador del Sitio
Publicado el 26 de March del 2014
Last Comments

Recent Comments