MoneyWatch Tech

"Candy Crush" maker's stock falls in public debut

/ AP

NEW YORK - Shares of King Digital, the company behind the popular mobile game "Candy Crush Saga," are down in the company's public trading debut.

King's stock priced at $22.50 on Tuesday and opened on Wednesday at $20.50, almost 9 percent lower.

King Digital Entertainment PLC, based in Ireland, had $1.88 billion in revenue last year.

Its other top games include "Pet Rescue Saga" and "Farm Heroes Saga." Some analysts have questioned whether King would be able to repeat the success of "Candy Crush," which has been far more successful than any of its other games.

King is trading on the New York Stock Exchange under the ticker symbol "KING."

First published on March 26, 2014 / 10:32 AM EDT

© 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.

f

We and our partners use cookies to understand how you use our site, improve your experience and serve you personalized content and advertising. Read about how we use cookies in our cookie policy and how you can control them by clicking Manage Settings. By continuing to use this site, you accept these cookies.