But it fell short of that valuation with a poor early response from the market, with shares opening at $20.50 - beneath the offer price of $22.50 - and falling still lower to close down 15 percent by the end of day. King Digital Entertainment, maker of the wildly popular mobile game Candy Crush, went public this morning on the New York Stock Exchange after raising about $500 million in an IPO that valued the company at about $7.6 billion.
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