Candy Crush

  • King Digital Falls To 50% Of Its IPO Price

    King Digital Falls To 50% Of Its IPO Price

    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 its first day of trading, and has had a rough life in the intervening period. Read More

  • Candy Crush Maker King Drops 20% After Reporting Disappointing Earnings

    Candy Crush Maker King Drops 20% After Reporting Disappointing Earnings

    Candy crushed. King, maker and purveyor of Candy Crush, reported earnings today and was whacked by investors after detailing revenue that disappointed, and lowering its top line guidance. The company also announced a $150 million dividend. The company earned $0.59 per share on a non-GAAP basis on revenue of $594 million. Investors had expected the company to report $0.59 per share in… Read More

  • King Falls 15% On Its IPO Day, Erasing $1.1B In Market Cap

    King Falls 15% On Its IPO Day, Erasing $1.1B In Market Cap

    Today King went public, and immediately was given a raspberry by investors who sent its stock price down throughout the day, hammering the company to the tune of more than 15 percent and $1.1 billion in value. A good flotation this was not. In fact, it was the worst so far this year. Read More

  • Inside The IPO Of Candy Crush Maker King Digital

    Inside The IPO Of Candy Crush Maker King Digital

    This post is not investment advice. Instead, it’s a meditation on the dynamics of the mobile gaming market in the context of an IPO which grants us raw data into a company in the space.  The company behind the wildly popular mobile game Candy Crush, King Digital Entertainment, is going public. An updated F-1 filing indicates that it wants to raise up to $532.8 million at a… Read More

  • Candy Crush Maker King Files For IPO To Raise Up To $533M

    Candy Crush Maker King Files For IPO To Raise Up To $533M

    King, the European makers of the hit game Candy Crush Saga, today moved one step closer to an IPO in the U.S., filing an updated F-1 with the SEC that priced 22.2 million shares between $21 and $24, to raise up to $532.8 million and value the company at around $7.6 billion.  The move comes weeks after King filed an initial F-1 with a maximum aggregated offering price of $500 million. Read More

  • Candy Crush Maker King Files For U.S. IPO

    Candy Crush Maker King Files For U.S. IPO

    The studio behind addictive matching puzzle game Candy Crush has begun the process of filing for its U.S. IPO with the Securities and Exchange Commission, Re/Code reports. The UK company will look to begin trading on the New York Stock Exchange under the ‘KING’ ticker symbol should everything go according to plan. Last year, Candy Crush was the top earning title on any mobile… Read More