Top 5 Tech Companies For 2015: Glu Mobile Inc.(GLUU)
Glu Mobile Inc. designs, markets, and sells mobile games worldwide. It develops original games based on its intellectual property comprising Big Time Gangsta?, Blood & Glory, Bug Village, Contract Killer, Contract Killer: Zombies, Eternity Warriors, Frontline Commando, Gun Bros, Men vs. Machines, Stardom: The A-List, Super K.O. Boxing and Toyshop Adventures. The company also develops games based on licensed intellectual property consisting of Build-a-lot, Call of Duty, Deer Hunter, DJ Hero, Guitar Hero, Family Feud, Family Guy, Lord of the Rings, Paperboy, The Price Is Right, Transformers, Who Wants to Be a Millionaire?, and World Series of Poker. It offers a portfolio of action/adventure and casual games to smartphones and tablet devices users through direct-to-consumer digital storefronts, as well as to feature phone users served by wireless carriers and other distributors. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 20 05. Glu Mobile Inc. was incorporated in 2001 and is headquartered in San Francisco, California.
Advisors' Opinion:- [By Monica Gerson]
Glu Mobile (NASDAQ: GLUU) surged 2.35% to $3.92 in the pre-market session. Glu Mobile's trailing-twelve-month revenue is $101.46 million.
Yahoo! (NASDAQ: YHOO) shares gained 1.58% to $32.86 in the pre-market session after Bernstein upgraded the stock from Market Perform to Outperform.
- [By rusticnomad]
Be that as it may, it can't be denied that Mattrick has brought about some impressive changes, and Zynga's focus on mobile should permit it to improve going ahead. The organization is making a decent attempt to establish its predominance in mobile, overcoming rivalry from the likes of Glu Mobile (GLUU). However, will Zynga have the capacity to succeed in its attempt? Lets figure it out.
- [By Travis Hoium]
What: Shares of game developer Glu Mobile (NA! SDAQ: GLUU ) jumped as much as 10.8% around noon today after reporting first-quarter earnings and an acquisition.
- [By vinaysingh]
Mobile gaming is a hit-or-miss business and the past has shown that a few consecutive misses can push a company into a downward spiral. Glu Mobile (GLUU) is a prime example of this. The inability to develop chart-topping games took its toll on Glu, but the company has maneuvered a sensational turnaround in the last few months. However, even after the recent uptick, Glu is still a great long-term buy candidate. Lets take a look at catalysts which will drive Glu Mobile higher in the foreseeable future.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-5-tech-companies-for-2015.html
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