July 23, 2014

King Digital IPO share price falls on debut

King Digital’s share price fell by as much as 15pc on its IPO debut on Wednesday as investors became concerned on the the reliance on the company’s key title called ‘Candy Crush Saga’.

The company’s original IPO price of $22.50 per share had valued the company at circa $6bn, but the shares have fallen to as low as $19.08 during the day.

 

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