King Digital Volatile Ahead Of Addition To Russell 3000 Index

shares were trading lower $0.11 (0.7 percent) at $13.85 in Friday's session. The issue will be closely watched towards the close as the issue is being added to the all-cap Russell 3000 index. Many traders and investors anticipate the move may instigate a surprise move to the upside. The issue has been attempting to put a bottom in place since peaking on April 22 at $17.55. Today's session started with a higher open and rally that came up just shy of Wednesday's and Thursday's highs at $14.13. From there it reversed course and made a new low for the move at $13.53 before rallying all the way back to $14.02. Since its IPO in March 2014, the maker of the "Candy Crush" video game has been a poor performer. After debuting at $19.10, it peaked at $22,06 in July then swooned to $9.74 in October. The rebound from that level failed to reach its IPO price and it has drifted lower since its April peak.