Candy Crush Saga publisher King getting pummeled by market after weak Q2

The company responsible for one of the biggest mobile games in the world is crashing on the stock market.

King, the publisher of popular smartphone and social games like Candy Crush Saga, is down nearly 25 percent in after-hours trading today on the New York Stock Exchange. The company’s stock is currently at $14.20, which is down from $18.20 when the market closed earlier this afternoon. This huge fall is due to a big miss in its quarterly report. While gamers spent $16 billion on mobile games last year, and King captures a huge chunk of that, much of the company’s value comes from just a few games. If the company can’t maintain its revenues with those hits, it reduces investor confidence that it can do it with any of its upcoming releases either.