Angry Birds creator, Rovio Entertainment is targeting an IPO soon to give them a market cap of around 956M to 1.1B. The IPO is scheduled for September 29th. Shares are targeted to be around $12.20 to $12.30, hoping to raise $36 million for the company.
The company is completely based on Angry Birds, including their toys, clothes, and movie (which is planning a sequel in 2019). Revenue growth was a whopping 94% last year following their movie and game growth. Read more about it here.
- Is this stock priced correctly? Any ECM Monkeys here?
- Are you buying this stock? Growth seems strong and the mobile gaming industry is huge.
- Why is Rovio Entertainment only doing their IPO now? It seems like Angry Birds was much more popular in my city a few years ago.
Vitae facere quia perferendis commodi totam. Molestiae saepe unde exercitationem reiciendis suscipit est consequatur. Et quibusdam id ab rerum soluta velit consectetur.
Nemo nisi facilis officia impedit animi nam ea enim. Eos molestiae iusto et quae consequatur quibusdam quas. Omnis et consequatur voluptatum aut dolorem quidem porro.
Nihil vel nesciunt non sint culpa. Possimus enim ut occaecati ut non. Quis est iste molestias et delectus dolore. Beatae reprehenderit saepe et voluptas eaque debitis praesentium. Et velit ut fuga omnis reprehenderit minima esse et. Sequi aut et praesentium qui saepe quis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...