‘Candy Crush’ crushed in public debut

By Around the Web

(Associated Press) Wall Street is giving King Digital, the company behind the popular mobile game “Candy Crush Saga,” the cold shoulder in its public trading debut.

King’s stock priced at $22.50 on Tuesday, valuing the company at $7.1 billion. But it opened on Wednesday at $20.50, down almost 9 per cent. Its shares lost more ground by the day’s close, falling more than 15 per cent.

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