By late morning, shares had slid 11.9% to $16.53.
The Candy Crush developer reported first-quarter profits of 61 cents a share, 2 cents higher than analysts polled by Thomson Reuters forecast. Revenue of $606.7 million was three times as high as sales a year earlier.However, quarter-on-quarter monthly unique paying users, the company's biggest driver of revenue, slipped over 2% to under 12 million customers. Must Read: Warren Buffett's 10 Favorite Growth Stocks STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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