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King Falls 15% On Its IPO Day, Erasing $1.1B In Market Cap

Today King went public, and immediately was given a raspberry by investors who sent its stock price down throughout the day, hammering the company to the tune of more than 15 percent and $1.1 billion in value.

A good flotation this was not. In fact, it was the worst so far this year. Read More

Read more : King Falls 15% On Its IPO Day, Erasing $1.1B In Market Cap

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