King IPO share value

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UPDATE: The King IPO Price Is Another Bad Signal for Investors

The King IPO price will be released sometime today (Tuesday), and will likely be at the top of the price range. That means the Candy Crush-maker's IPO could be valued as high as $7.6 billion - about 2.9 times more than King's projected sales this year, according to a revenue estimate by Sterne Agee & Leach Inc.

If that statistic alone isn't enough to scare off investors, we've got three more...