Candy Crush's King Digital Rolling Out Bubble Witch Sequel
International Business Times
Published Jun 05, 2014 08:07AM ET
Updated Jun 05, 2014 10:15AM ET
Candy Crush's King Digital Rolling Out Bubble Witch Sequel
By Greg Morcroft - Candy Crush took the online game world by storm and led to a rich March payday for its maker King Digital Entertainment Plc. (NYSE:KING) and now the company is hoping lightning will strike for a second time for its new Bubble Witch Saga 2, released on Wednesday.
The game is a sequel to Bubble Witch Saga, which preceded Candy Crush Saga but did not perform as well.
The Wall Street Journal reported that the game will be playable on both Android and iOS mobile operating systems as well as through Facebook for players on a PC.
Dublin-based King raised $500 million in its initial public offering at $22.50 per share in a March IPO that valued King at $7.09 billion.
Analysts and investors have been particularly skeptical about whether or not King will be able to maintain its growth and profitability.
“Companies like King are reliant on hits,” Mark Little, an analyst at the technology consultant Ovum in London, told the New York Times at the time of the IPO. “It’s an open question whether they can sustain their success.”
Get The News You Want
Written By: International Business Times
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.