King Digital Stock Falls As ‘Candy Crush’ Sales Sour

By | August 12, 2014

Scalper1 News

Mobile video game maker King Digital Entertainment, best known for “Candy Crush Saga,” gave investors a cavity late Tuesday after posting second-quarter revenue below Wall Street’s target, as its hit game is fading faster than expected. King Digital Entertainment (KING) said Q2 sales rose 30% from the year-earlier quarter to $594 million, compared with the consensus view of $608 million among analysts polled by Thomson Reuters. King Digital Scalper1 News

Scalper1 News