Friday, 22 August 2014

Candy Crush Decline, Weak Q2 Figures Force King to Lower 2014 Forecast

Social and mobile game company King Digital Entertainment Plc reduced its 2014 forecast after reporting lower-than-expected second-quarter revenue , as gamers continued to spend less money on its "Candy Crush Saga" game.


King also announced a $150 million special dividend, or 46.9 cents per share, payable to shareholders of record on Sept. 30. Its shares, however, slipped 22 percent in after-hours trading after closing at $18.20 on the New York Stock Exchange.

http://www.pcconnectz.com/game-news.php

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