King Digital Entertainment, maker of Candy Crush Saga and apparently some other games, has begun trading on the New York Stock exchange under the triumphant ticker symbol, KING. Shares have been released to the public at a price of $22.50, giving it a $7.1 billion valuation. King was founded in 2003 in Stockholm, but is now an Irish entity with London headquarters.
You don’t need us as another source of speculation, but it’s reported that the shares have begun trading on the grey market at $28.50. How will the IPO preform at the end of the day is another question.
You can head on over to Google Finance to see how it’s preforming.
king door image by shutterstock.