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King Digital Entertainment Gains on Game Launch

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Caesars Entertainment Corp (NASDAQ:CZR), King Digital Entertainment PLC (NYSE:KING) and Radius Health Inc (NASDAQ:RDUS) are making major gains on the market this Thursday. In the red today are Avalon Rare Metals Inc (NYSEMKT:AVL), Abengoa Yield PLC (NASDAQ:ABY) and American Apparel Inc (NYSEMKT:APP).

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King Digital Entertainment Rebounds

Caesars Entertainment Corp (NASDAQ:CZR) gained +13.53% early in the day, putting its five-day gain at +27.97% thanks to news of a potential debt restructuring deal. Billionaire investors Leon Cooperman, John Paulson and George Soros have stakes in the gaming company and casino operator, which has climbed +81.61% over the past 30 days.


King Digital Entertainment PLC (NYSE:KING) got an +11.15% boost today after announcing the global launch of Candy Crush Soda Saga on iOS and Android. The interactive entertainment company, a Tiger Global investment, has had a slow go of things since going public in March, its price falling -17.89%.

Up +9.01%, Radius Health Inc (NASDAQ:RDUS) is also having a strong Thursday as it continues to ride its results wave. RDUS has climbed +27.16% over the past five days and gained an incredible 192.26% since its IPO. It’s been a home run for shareholder Farallon Capital.

American Apparel in the Red Again

Avalon Rare Metals Inc (NYSEMKT:AVL) tumbled -18.96% today. It’s been a tough 2014 for the company, which has declined -63.11% in this year alone – bad news for long-time shareholder Richard Chilton.

The price of Abengoa Yield PLC (NASDAQ:ABY) dipped -13.19% early in the day, and the stock is now trading less than a dollar away from its 52-week low of $26.31. A new second quarter acquisition for Leon Cooperman, ABY went public in June. Its price has fallen -27.03% since.

American Apparel Inc (NYSEMKT:APP) continues to struggle to find its footing. The retailer’s share price dipped -8.7% today, putting its five-day loss at -13.39%. George Soros initiated a position in APP in the second quarter of the year and has likely posted a loss on the investment.


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