The initial public offering — one of the biggest tests yet of investors' appetite for potentially dicey tech deals — raised $500 million for the 10-year-old company. The company sold shares to initial investors at $22.50 a share. That was somewhat disappointing, because the company had set an initial range of $21 to $24 a share, and other recent tech IPOs have priced above their initial ranges.
King will begin trading Wednesday on the New York Stock Exchange under the symbol KING.
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