Last week, King Digital Entertainment PLC (NYSE: KING) officially begin trading on the New York Stock Exchange. The maker of popular mobile game "Candy Crush Saga" has priced its shares at $22.50. The 10-year-old company raised $500 million at this price.
king ipo 2014
Do you play Candy Crush Saga? Some 93 million people do - every day. And the money they pay for "powerups" has powered the profits of King Digital Entertainment. But with the gaming company now going public, we need to take a closer look at the numbers.