Shares in Krafton Inc, the South Korean company behind the blockbuster video game “PlayerUnknown’s Battlegrounds” (PUBG), opened down 9.9% from their initial public offering (IPO) price on their trading debut on Tuesday. The games developer, backed by Chinese gaming giant Tencent Holdings Ltd, was valued at about $19.6 billion on Tuesday, with shares trading at 460,000 won in morning trade down from an IPO price of 498,000 won. Krafton derived 87% of its revenue from Asia, excluding South Korea, in the January-March quarter, a large portion of which is seen coming from sales in China handled by Tencent.
Click here to read the full article…
| Do you want to feel the buzz of a real casino at home? Check our partners guide to the best Live Casinos for USA players. |
| Dallas Stars vs Winnipeg Jets | |
| Type: Moneyline - Status: OPEN | |
| Dallas Stars | -142 |
| Winnipeg Jets | +122 |
| Winnipeg Jets vs Dallas Stars | |
| Type: Series Winner - Status: OPEN | |
| Winnipeg Jets | +255 |
| Dallas Stars | -310 |
| Vegas Golden Knights vs Edmonton Oilers | |
| Type: Moneyline - Status: OPEN | |
| Vegas Golden Knights | -120 |
| Edmonton Oilers | +100 |
| Toronto Maple Leafs vs Florida Panthers | |
| Type: Total - Status: OPEN | |
| Under - 1P | -110 |
| Over - 1P | -120 |
| Florida Panthers vs Toronto Maple Leafs | |
| Type: Series Winner - Status: OPEN | |
| Florida Panthers | -200 |
| Toronto Maple Leafs | +170 |
| Edmonton Oilers vs Vegas Golden Knights | |
| Type: Series Winner - Status: OPEN | |
| Edmonton Oilers | -850 |
| Vegas Golden Knights | +550 |
| Washington Capitals vs Carolina Hurricanes | |
| Type: Puck Line - Status: OPEN | |
| Washington Capitals - 1P | -190 |
| Carolina Hurricanes - 1P | +145 |
| Washington Capitals vs Carolina Hurricanes | |
| Type: Series Winner - Status: OPEN | |
| Washington Capitals | +1150 |
| Carolina Hurricanes | -3500 |
