Glu Mobile Inc. (GLUU) Soars 7.17%

Glu Mobile Inc. (GLUU) Soars 7.17%

Glu Mobile Inc. (GLUU) had a good day on the market for Friday November 29 as shares jumped 7.17% to close at $5.53. About 3.13 million shares traded hands on 13,748 trades for the day, compared with an average daily volume of n/a shares out of a total float of 145.79 million. After opening the trading day at $5.20, shares of Glu Mobile Inc. stayed within a range of $5.60 to $5.18.

With today’s gains, Glu Mobile Inc. now has a market cap of $806.2 million. Shares of Glu Mobile Inc. have been trading within a range of $11.75 and $4.11 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Glu Mobile Inc is a U.S.-based company that develops and markets games appealing to a broad group of users of smartphones and tablet devices. These games are accessible through direct-to-consumer digital store fronts like the Apple App Store, Google Play Store, and Amazon Appstore. The firm generates revenue through in-app purchases and in-game advertising.

Glu Mobile Inc. is based out of San Francisco, CA and has some 659 employees. Its CEO is Nicholas Earl.

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