We may be in something of a golden age for iOS gamers, but Candy Crush maker King isn’t reaping the benefits quite as much as it had hoped.
With revenue shrinking, and having been unable to recapture the lightning in a bottle of its breakout hit Candy Crush Saga, the company dropped 21 percent in value yesterday after posting disappointing earnings. The company’s earnings fell 5 percent (or $30 million) from the first quarter this year.