Candy Crush Maker King IPO Drops Ahead of Busy IPO Week

King Digital Entertainment, maker of the addictive game Candy Crush, saw its stock drop after pricing its shares at the middle of its range.
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King Digital Entertainment, maker of the addictive game Candy Crush, saw its stock drop after pricing its shares at the mid range. Scott Cutler, the Head of Global Listings at the New York Stock Exchange said that the lower price does affect the ability to open the stock for trading. The calendar for tech IPOs continues to be strong and he believes there is still lots of appetite for cloud names like AeroHive. CBS Outdoors is an even bigger IPO planned for Friday.

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