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Thursday, May 14, 2015

King (KING) reported earnings on Thur 14 May 2015

charts before earnings

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daily heikin

charts before earnings

Ireland-based video game developer King Digital Entertainment (NYSE:KING) dived 9%. Its late Thursday report showed Q1 revenue and earnings well above analyst estimates, but management warned gross bookings would see some impact from game release schedules and a stronger dollar in Q2. The stock has been in a general uptrend since October, trying to climb out of a 15-month consolidation and ending Thursday 33% below its March 2014 IPO price.

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