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Candy Crush Maker King Falls to Lowest Price Since IPO

King Digital Entertainment Plc, maker of the Candy Crush Saga video game, plunged the most since its initial public offering after posting second-quarter sales that trailed analysts’ estimates and cutting its 2014 outlook.

King fell 23 percent to $13.99 at the close in New York, the biggest drop since the IPO in March, after the company said it’s struggling to generate revenue from current titles. At least five analysts cut their recommendations on the stock.