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GLUU News and Press, Glu Mobile Inc. From 02/09/21

Stock Information

Company Name: Glu Mobile Inc.
Stock Symbol: GLUU
Market: NASDAQ
Website: glu.com

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GLUU - Glu Mobile among consumer gainers; GameStop and Coty lead losers

Gainers: Applied UV (AUVI) +348%. 500.com (WBAI) +37%. Glu Mobile (GLUU) +34%. Eastside Distilling (EAST) +29%. Creatd (CRTD) +21%.Losers: GameStop (GME) -19%. Coty (COTY) -18%. AMC Entertainment Holdings (AMC) -13%. Motorcar Parts of America (MPAA) -10%. Sypris Solutions (SYPR) -9%...

GLUU - Why Glu Mobile Stock Just Jumped 33%

Shares of Glu Mobile (NASDAQ: GLUU) roared out of the gate Tuesday, rising 33.7% as of 10:25 a.m. EST after the maker of mobile games announced its fourth-quarter 2020 earnings results last night. Glu grew its quarterly revenue 25% year over year and its full-year sales 31%. Ear...

GLUU - Glu Mobile: Stolen By Electronic Arts, But Don't Expect A Higher Bid

EA agrees to acquire Glu Mobile for $12.50 per share in cash. The deal offers a 36% premium to the prior closing price of $9.19, but the valuation multiple is below where competitor Zynga trades. A higher bid is probably unlikely, so investors should take the cash and move on. ...

GLUU - TLRY, GLUU, ABEO and TYME among premarket gainers

KalVista Pharmaceuticals (KALV) +207% on reporting positive results for KVD900.Comstock Holding Companies (CHCI) +163%.Applied UV (AUVI) +88% after acquiring Airocide Technology Platform.Heat Biologics (HTBX) +47% on announcing positive interim survival data from ongoing HS-110...

GLUU - Glu Mobile received multiple takeover offers last year, Reuters says

Glu Mobile (GLUU) had several takeover approaches last year as its stock underperformed competitors, Reuters said earlier, after the video-game maker agreed to sell itself to Electronic Arts (EA) yesterday.GLUU up 35% to $12.66 in the premarket, trading above $12.50 deal with Electr...

GLUU - Wall Street Breakfast: Stimulus Shot In The Arm

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Stimulus shot in the armGlobal stock markets are still in an upbeat mood after U.S. benchmarks set fresh records yesterday. Investors have renewed confiden...

GLUU - Electronic Arts Acquiring GluMobile for $2.4 Billion

Electronic Arts (NASDAQ: EA) is making a new push into the mobile gaming sphere with a splashy acquisition. The company announced Monday that it is acquiring GluMobile (NASDAQ: GLUU) for $2.1 billion in enterprise value. That price will be paid entirely in cash. Current ...

GLUU - GLUU, CCLP, AAME and INFI among after-hours movers

Gainers: [[GLUU]] +33.8%. [[CCLP]] +24.9%. [[TRITW]] +15.3%. [[VRNS]] +8.6%. [[ZNGA]] +6.8%.Losers: [[INFI]] -26.7%. [[ALNY]] -17.4%. [[ITCI]] -10.7%. [[AAME]] -7.9%. [[TTOO]] -6.3%. For further details see: GLUU, CCLP, AAME and INFI among after-hours movers

GLUU - Glu Mobile EPS beats by $0.07, beats on revenue

Glu Mobile (GLUU): Q4 GAAP EPS of $0.13 beats by $0.07.Revenue of $141.4M (+25.2% Y/Y) beats by $17.42M.“Our fourth quarter results capped off another strong year for Glu,” said Nick Earl, Chief Executive Officer. “The performance of our Growth Games and the resurgen...

GLUU - Glu Reports Fourth Quarter and Full Year 2020 Financial Results

Fourth quarter revenue up 25% year over year to $141.4 million; bookings grow 15% year over year to $124.8 million Full year 2020 revenue up 31% to $540.5 million; bookings reach record $560.6 million, up 32% year over year Fourth quarter record GAAP net income of $23.9 millio...

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