Yesterday was the first day of trading for the gaming company Kings shares on the New York Stock Exchange. The introduction price was set at $ 22.5, valuing the company at 7.1 billion dollars.
But the company received a tough start to exchange adventure. Fifteen minutes after the market opens, afternoon Swedish time, the stock had fallen by around nine percent, trading at 20.5 U.S. dollars.
King is notoriously behind the hit game of Candy Crush Saga. The company was founded in 2003 and has roots in Sweden, but nowadays the headquarters based at London. Last year the company made a profit of 3.7 billion. The company's Mobile last year was the most downloaded free app in the Apple store Appstore.
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