Glu Mobile Inc. (NASDAQ:GLUU) shares lose by 5.08%


The share prices of Glu Mobile Inc. (NASDAQ:GLUU) down by 5.08 percent and currently trading at $2.24 per share. The shares of the company is trading in the range of $2.22 to $2.39 per during the day. The shares Glu Mobile Inc. (NASDAQ:GLUU) had a market capitalization of $152.89 million. The stock opened at $2.38 per share. The share price does not make a change in the 52 week low value $1.99 per share and 52 week high value $5.90 per share.

This company markets, designs and sells mobile games.  The users of tablet devices and smart phones they purchases the games via users of feature phones and direct-to-consumer digital storefronts provided by various distributors and wireless carriers the company published and developed casual games and a portfolio  of action/adventure. Contract Killer, Contract Killer: Zombies, Eternity Warriors, Gun Bros, Men vs. Machines, Big Time Gangsta, Blood & Glory, Bug Village, Toyshop Adventures and The A-List, Super K.O. Boxing are the company’s original games. Blammo Games Inc was got on August 2011 and IGN Entertainment and Game Spy Technology these are got by the company on August 2012.

United States players have a chance to gain cash in one of its mobile games starting next month by the company. The company recently said that a partnership with Skillz to bring skill-based, real-money gaming in certain Glu games. Obscene Interactive is preparing to provide a wide range of innovative gaming products to Glu Mobile Inc.  In 2013, the shares of this company have gained over 40 percent. The company had an institutional investor’s shareholdings as 47 percent. Glu Mobile Inc. (NASDAQ:GLUU) has been having a trading volume as 1.88 million. The company presently holds 68.26 million shares outstanding in the market.

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