Alpha Diallo
0
All posts from Alpha Diallo
Alpha Diallo in Alpha Diallo,

The debut of King Digital Entertainment

 (Image source: amazon.com)

The maker of the popular online social media game Candy Crush Saga will be debut today on the NYSE after pricing its initial public offering at $22.50 a share. At the initial public offering price, King Digital Entertainment Plc (NYSE: KING) will have a market cap of $7.8 billion. MarketWatch is reporting that there is a strong chance that the debut will be very successful as additional buying is occurring before the official starting of trading on the shares. So far King has raised $500 million from the IPO.