JPMorgan Downgrades King Digital Entertainment (KING) to Neutral

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King Reports Second Quarter 2015 Results

August 13, 2015 4:02 PM EDT

LONDON and NEW YORK, Aug. 13, 2015 /PRNewswire/ -- King Digital Entertainment plc ("King" or the "Company") (NYSE: KING), a leading interactive entertainment company for the mobile world, today reported financial results for the second quarter ended June 30, 2015.

King CEO Riccardo Zacconi said, "Our second quarter 2015 gross bookings exceeded the high end of our guidance range and for the third consecutive quarter, Candy Crush Saga, Candy Crush Soda Saga and Farm Heroes Saga ranked within the top 10 grossing games in the Apple App Store and Google Play... More