Shares of Rovio Entertainment, the Finnish mobile-gaming firm that makes “Angry Birds,” plunged 20% after it reported a surprise third-quarter loss, a little more than a month after its initial public offering.
Rovio has seen its share prices drop by 20 percent just two months after its IPO, with declining profits and rising user acquisition (UA) costs the likely culprits. ...
Almost two months after its IPO, Angry Birds maker Rovio Entertainment today learned a painful lesson about life as a public company when investors battered its stock following an earnings report that failed to meet expectations. Rovio missed on both profits and sales, which sent its stock down 18.87 percent in mid-day trading on the […]
Finland's Rovio Entertainment, creator of the popular smartphone game Angry Birds, on Thursday posted a loss for the third quarter despite rising sales, as it increased its investments with a view to boost its winnings in future.
We don’t have a Venn diagram of Iron Maiden fans and people who are still passionate about Angry Birds games on hand. Nonetheless, Rovio is aiming for that sliver of overlap with their latest news. Today, the game company announced Iron Maiden’s skeletal mascot Eddie will be featured in Angry Birds Evolution, the latest iteration…
Rovio, maker of the Angry Birds gaming franchise, saw a small pop of 4.3 percent in its first day of trading as a public company, but like the very birds that get catapulted in Rovio’s original blockbuster game, the rise was not to last. After pricing its IPO at €11.50 per share — the top of its range — to raise €30 million, today the stock opened on the Nasdaq Nordic… Read More
The games industry has joined forces to support severely physically disabled gamers all over the world through charity SpecialEffect's One Special Day event. Companies including EA, SEGA and Rovio have partnered with SpecialEffect for...Show More Summary
Rovio Entertainment’s stock began trading today just slightly above its IPO offering price which was set well below the top of the range the company had been considering. Rovio had announced recently that it was exploring pricing the shares between $10.23 per share and $13.72 per share. It was looking for a number that would […]
Finland's Rovio, creator of the popular smartphone game "Angry Birds" saw its shares take off in its stock market debut Friday, adding tens of millions of euros to its market value within minutes of trading.
Rovio, maker of the Angry Birds gaming franchise, saw a small pop of 6 percent in its first day of trading as a public company. After pricing its IPO at €11.50 per share — the top of its range — yesterday, today the stock opened on the Nasdaq Nordic exchange at €12.20, and at the current price of €12.23, the company has a market cap of $1.1 billion (€952 million).… Read More
The offering was aimed at helping Rovio carry out a growth strategy, with shares being used for possible acquisitions and rewards to its employees.
Angry Birds-maker Rovio Entertainment priced its IPO at 11.50 euros, at the top of its proposed range. It raises 30 million euros in proceeds. This values the company a little above $1 billion, just half of the $2 billion the company...Show More Summary
Remember Angry Birds? Well, apparently enough people are still playing it to justify an IPO. Rovio Entertainment, the Finnish parent of the popular smartphone game, is getting ready to go public on the Helsinki Nasdaq in two weeks. And...Show More Summary
Rovio Entertainment, the Finnish maker of "Angry Birds" and other mobile games, says its initial public share offering will value it at about $1 billion.
The Finnish mobile games maker of the popular Angry Birds franchise has set the initial price range of 10.25-11.50 euros ($12.24–$13.73) per share, reports Reuters. That values the company at between 802-896 million euros, or $955–$1.07 billion. Show More Summary
Finland’s Rovio announced today a price range for its initial public offering of stock that would value the company between $956 million and $1.07 billion. The company said it will issue $36 million worth of new stock at a price range between $10.23 per share and $13.72 per share. Rovio has said it plans to […]
COPENHAGEN, Denmark (AP) — Rovio Entertainment, the Finnish maker of "Angry Birds" and other popular mobile games, says that its initial public share offering will value it at about $1 billion. The company based in Espoo, Finland said...Show More Summary
Rovio Entertainment, the company behind the “Angry Birds” mobile gaming franchise, confirmed the pricing for its initial public offering, which will value the company at about $1 billion.
It all began in 2009 with some unhappy birds and nasty pigs. The Angry Birds game series from Rovio Entertainment has continued to flourish over time and just keeps on going. The birds have traveled, the pigs have evolved, and the fun has never stopped for fans of the Angry Birds franchise. Show More Summary