GLUU - This Small Cap Is Ready to Break Out in 2021
Despite a range of coronavirus-related challenges negatively impacting the broader entertainment industry, 2020 wound up being a great year for most video game companies. The age of social distancing meant that people went out less, but that didn't mean they stopped looking for ways to have fun and socialize.
Demand for video games soared, and many industry-leading companies and franchises recorded record levels of engagement. However, growth for the global games industry is still just getting started.
Glu Mobile (NASDAQ: GLUU) stands out as an intriguing player in the fast-growing world of interactive entertainment. The company has a market capitalization of roughly $1.65 billion -- making it the last publicly traded Western games publisher still valued in small-cap territory . I wouldn't bet on it staying there for long and consider it one of the most exciting investment opportunities in the industry. Here's why.
For further details see:
This Small Cap Is Ready to Break Out in 2021