Friday, April 11, 2014

Candy Crush Saga Now Available In The Stock Market

Candy Crush Saga Now Available In The Stock Market

Since its release in 2012, Candy Crush Saga has swept the world. In 2013 it topped Farmville 2 as the most successfully popular game on Facebook. The average amount of users per month are around 46 million. The object of the game is to swap the position of two adjacent candies to create a set of three or more so that they disappear. The objectives vary from level to level, some require you to finish within a certain number of tries and others have a time limit.

The game is intense, fun and most of all addicting. This month a new development has been released that could determine the fate of this growing company. Candy Crush Saga was listed on the New York Stock Exchange under the ticker “KING” (the parent company to Candy Crush Saga) selling 22.2 million shares for $22.50 a share. Unfortunately, a day later, the company dropped 16%. Now, analysts are comparing this move and its outcome to the makers of Farmville and Words with Friends who are now worth half their float price in 2011. Only time will tell whether or not Candy Crush Saga will endure the same fate as it’s fellow originally Facebook based apps but one thing is for sure: people won’t stop playing anytime soon.

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