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In this episode of MarketFoolery , host Chris Hill is joined by Motley Fool analyst Bill Barker to discuss Glu Mobile 's (NASDAQ: GLUU) shares popping 30% as news breaks that the mobile-game developer will be bought by Electronic Arts (NASDAQ: EA) . Simon Property ...
On Feb. 8, Electronic Arts (NASDAQ: EA) announced it was acquiring Glu Mobile (NASDAQ: GLUU) at a market cap of $2.4 billion, or $2.1 billion when excluding the cash on Glu Mobile's balance sheet. Glu Mobile, as its name implies, is a mobile games-focused studio behind hits ...
Are These The Best Video Game Stocks To Watch Right Now? Video game stocks have been one of the biggest beneficiaries during the COVID-19 pandemic. While other entertainment options involving outdoor activities like theme parks and theatres remain closed, many are turning to vid...
Video game sales are still hitting record highs. With mobile gaming sales expected to hit $120 billion, according to App Annie, it comes as no surprise, Electronic Arts is acquiring Glu Mobile Inc. (NASDAQ:GLUU) for $2.1 billion. “The acquisition will immediately add signific...
Merger activity increased last week with five new deals announced. The acquisition of Glu Mobile by Electronic Arts. MKS Instruments and II-VI Incorporated bid for Coherent. For further details see: Merger Arbitrage Mondays - Bidding War For Coherent Continues
On the heels of a $1.2 billion deal to buy U.K.-based Codemasters (announced in late 2020), Electronic Arts (NASDAQ: EA) is scooping up one of the leading mobile game developers in the world. Here are five charts that illustrate why Electronic Arts is spending $2.1 billion t...
Palm Beach, FL – February 11, 2021 – The gaming markets have not only survived the pandemic… they have actually thrived! The global media and entertainment market has consistently been on the rise during this time. The entire worldwide market is projected to grow f...
Glu Mobile (GLUU -0.5%) is pulling back predictably after yesterday's 34.9% gain coming on the heels of news it will be acquired by Electronic Arts (EA -1%). The ramp up yesterday sent some analysts to the sidelines. Stifel Nicolaus downgraded shares to Hold from Buy, and reset its price targ...
EA reported earnings last week and investors were not impressed, but the company has several catalysts to drive growth. EA announced its upcoming college football game, which is expected to be lucrative because of interest in its old NCAA Football games. The company's acquisition ...
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%...
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Genpact Set to Join S&P MidCap 400; Unitil & Genworth Financial to Join S&P SmallCap 600 Genpact Set to Join S&P MidCap 400; Unitil & Genworth Financial to Join S&P SmallCap 600 PR Newswire NEW YORK , April 27, 2021 /PRNewswire/ -- S&a...
Juan Soto and Ronald Acuña Jr. featured as cover athletes on free-to-play baseball mobile game Glu Mobile Inc. (NASDAQ: GLUU), a leading developer and publisher of mobile games, today announced the availability of MLB Tap Sports Baseball 2021 on the App Store and Go...