TechSpot

'Candy Crush' maker King sees share value tumble 15 percent in market debut

By Shawn Knight
Mar 26, 2014
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  1. King Digital Entertainment made its debut on the New York Stock Exchange this morning riding a wave of success generated by its popular mobile game Candy Crush. And although the act alone is a major win for the company, there's...

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  2. Vrmithrax

    Vrmithrax TechSpot Paladin Posts: 1,286   +232

    The company is a one-hit wonder with their only claim to fame being a game that nags users constantly to harass their friends and/or pay money to continue... What could possibly cause investors to question the stock valuation? :p
     
    wastedkill and JC713 like this.
  3. JC713

    JC713 TS Evangelist Posts: 7,082   +920

    The problem with this company is that it is based upon a fad. The CandyCrush fad will soon die and that could possibly mark the end of the companies success. That is what is keeping investors away.

    Also, we cannot forget that Candycrush was a ripoff of a private single developers game and they refuse to acknowledge it or affiliate themselves with the developer or the original game. Shame.
     
    abysal likes this.
  4. You are right, they successful by the only one game and the fever is being over
     
  5. NTAPRO

    NTAPRO TS Enthusiast Posts: 811   +91

    Do you know the name of this game?
     
  6. yukka

    yukka TechSpot Paladin Posts: 742   +32

    I played Candy Crush Saga, never paid a penny. After reading the stories of their attempts to trademark the word candy and the word saga and the smaller developers they were stepping on in the process, I stopped playing. And pet saga, farm saga, blah saga, if anyone has played Candy Crush for any amount of time they know exactly whats going to be in those games. Different graphics, same game.

    The game that was ripped off (allegedly) was called Candy Swipe.

    http://www.forbes.com/sites/davidth...ns-furious-open-letter-to-candy-crush-makers/
     
  7. EClyde

    EClyde TS Booster Posts: 214   +27

    Candy Crush is fun. I play it on a regular basis. I have never nor will ever pay a cent to play. Most folks I talk with have given it up because they won't pay to play either and get frustrated after days or weeks of no progression. I can't comment on the alleged rip off cause I don't care. Congrats to King for making a pantload of money but since I am a good capitalist none of it is mine
     
  8. amstech

    amstech TechSpot Enthusiast Posts: 928   +247

    It's funny to see so many companies think they are going big because of a couple apps, the large majority of them will come crashing down. I think of them like a pop song thats a hit for a week then forgot about for the rest of time. Most of them like Clumsy Bird and Candy Crush are fads that will fade away soon enough.
     
  9. JC713

    JC713 TS Evangelist Posts: 7,082   +920

    Candy Swipe
     


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