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King, also known as King Digital Entertainment, is a Swedish video game developer and publisher that specialises in social games. Headquartered in Stockholm and London , [ 1 ] and incorporated as King.com Limited in St. Julian's, Malta , [ 2 ] King rose to prominence after releasing the cross-platform title Candy Crush Saga in 2012.
King Digital Entertainment said it plans to sell 15.3 million shares in the offering, while existing shareholders will sell an additional 6.7 million shares, The Associated Press reported Wednesday.
The stock, trading as KING, commenced trading at only $20.50, down nearly 9% on the $22.50 per share it announced on Tuesday. By the close of trading, King.com’s stock was at $19 per share, down ...
Today King Digital, progenitor and purveyor of the formerly ubiquitous game Candy Crush closed at $11.25. That figure is precisely half of its IPO price of $22.50 per share. The company fell in ...
King Digital has tried to diversify by pushing out new games that it markets to the dwindling base of "Candy Crush Saga" players, but clearly that strategy didn't work for Zynga when "FarmVille ...
Well-placed skepticism led shares of King Digital Entertainment PLC more than 15% lower in its IPO debut, leading some to compare the stock to that of social-games developer Zynga . While that's ...
The company’s numbers paint a picture of extreme growth and extreme profitability: Its revenue expanded from $63.9 million in 2011, to $164.4 million in 2012, to $1.88 billion in 2013.
Activision Blizzard, Inc. [a] is an American video game holding company based in Santa Monica, California. [3] Activision Blizzard currently includes five business units: [4] Activision Publishing, Blizzard Entertainment, King, [5] Major League Gaming, [6] and Activision Blizzard Studios.