Sterne Agee initiated coverage on King Digital Entertainment KING with a Neutral rating following yesterday's 15 percent drop on the first day of trading. Shares are down another 2.6 percent in Thursday's trading.
Analyst Arvind Bhatia sees two critical factors near-term for the company:
Market News and Data brought to you by Benzinga APIs- The decay rate of Candy Crush.
- Growth in Farm Heroes Saga
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in