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King Digital Hopes Investors Level Up to Buy IPO

Debra Borchardt
3/24/14 4:00 AM EDT
King Digital, maker of Candy Crush, hopes investors will focus on the increase of daily users and not the declining revenue and profits. Director of Research at Equities.com Francis Gaskins is positive about the stock. He is aware the company is considered a one-trick pony and that key metrics have declined. However, Gaskins points out that only a small fraction of the shares is entering the market and that is positive for the stock. He also likes that King is profitable.
Stocks in this video: TSTNYXZNGA

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