King Digital Has an Underwhelming Debut in Market and Microsoft Announces Office Suite for the iPad

Report this content

King Digital Entertainment Plc (NYSE: KING) went public and became the worst IPO so far in 2014. The company, who is the famous maker of the Candy Crush game, took a massive hit on their first day of trading. The “Candy Crush Saga” maker’s shares slid even more on Thursday, falling almost 4%, one day after the stock’s 16% decline on its opening day. The stock is down 18% from its $22.50 IPO price.

King Digital Entertainment plc, an interactive entertainment company, develops and publishes casual games on digital platforms. The company offers its games in a tournament format through its royalgames.com Website, as well as on mobile and social platforms, such as the Apple App Store, the Google Play Store, Facebook, the Amazon Appstore, and KakaoTalk. It has operations primarily in North America.

Get more information on King Digital Entertainment Plc and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/KING


Microsoft Corporation (NASDAQ: MSFT) held a press event on Thursday where the new Chief Executive Satya Nadella announced the long rumored Office suite for the iPad and revealed his vision for the company. The office suite can be downloaded on the iPad and used to read and present Office documents. Only people with an Office 365 subscription can create and edit documents however. The iPad version works differently than the iPhone, as with the iPad, the suite is split into separate apps for Word, PowerPoint, and Excel, while on the iPhone the entire suite is in one app. iPhone users don’t need an Office 365 subscription to edit and create docs.

Microsoft Corporation develops, licenses, and supports software, services, and hardware devices. Its Windows division offers Windows operating system; Windows Services suite of applications and Web services, including Outlook.com and SkyDrive; Surface RT and Pro devices; and PC accessories.

Get more information on Microsoft Corporation and free access to the in depth equity report at: www.TrendingWallStreet.com/stockquote/MSFT               


                 

ABOUT US:

Whether it’s a bull or bear market, TrendingWallStreet has you covered. 

TrendingWallStreet.com wants to help everyday people gain awareness about some of the hottest stocks trading in the stock market today.

TrendingWallStreet.com releases momentum alerts on companies that you may have never heard about or thought about looking at.

TrendingWallStreet.com offers you the best stock tips found on the net. These are sometimes cheap and under-valued stocks in the United States that have the potential to offer gains of 100% or more.

Take a few minutes to register with us at http://www.trendingwallstreet.com/ to get full access to our free stock reports.

Disclosure: TrendingWallStreet.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please read our report and visit our website, for complete risks and disclosures.

Tags: