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Tag Archives: ipo

King preparing for IPO, reports claim

Candy Crush Saga developer King is gearing up for an IPO, according to a report. People familiar with the move” have toldThe Wall Street Journalthat the London company has approached a number of banks to pursue a potential initial public offering in the US. Banks including J.P. Morgan Chase & …

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Facebook’s Q2 earnings report disappoints Wall Street

Despite reporting better than expected quarterly earnings, Facebook took a beating on the stock market yesterday. The reported Q2 earnings of $1.18 billion was slightly above expectations, but those had already been lowered prior to the launch of the company’s IPO. A net loss of $157 million for Facebook’s first …

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