King Falls 15% On Its IPO Day, Erasing $1.1B In Market Cap
March 26, 2014 at 16:23 PM EDT
Today King went public, and immediately was given a raspberry by investors who sent its stock price down throughout the day, hammering the company to the tune of more than 15 percent and $1.1 billion in value. A good flotation this was not. In fact, it was the worst so far this year. Read More
