Candy Crush Saga developer King begins trading at $20.50 per share


Candy Crush Saga developer King Digital Entertainment today became a public company, after it began trading on the New York Stock Exchange (NYSE) at $20.50 per share. According to the Wall Street Journal, King had originally priced its initial public offering at $22.50 per share, valuing its business at around $7 billion. Much of King’s success can be attributed to Candy Crush Saga, which remains a popular and high grossing game on iOS and Android. Much like fellow developers Rovio and Supercell, it now needs to prove that it can deliver successive games that are just as popular; only once...

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