Glu Mobile

Glu Mobile (NASDAQ:GLUU) is a global developer and publisher of freemium games for smartphone and tablet devices. Glu is focused on creating compelling original IP games such as GUN BROS, DEER HUNTER, BLOOD & GLORY, and SAMURAI VS. ZOMBIES DEFENSE on a wide range of platforms including iOS, Android™, Windows Phone, Google Chrome, and MAC OS. Glu’s unique technology platform enables its titles to be accessible to a broad audience of consumers globally. Founded in 2001, Glu is headquartered in San Francisco with major offices outside Seattle, and overseas in Brazil, Canada, China, and Russia. Consumers can find high-quality entertainment created exclusively for their mobile devices wherever they see the ‘g’ character logo or at www.glu.com.  Glu Mobile was founded in 2001 as Sorrent. In 2004, Sorrent merged with Macrospace to form Glu Mobile.

Electronic Arts

Glu Mobile surged as much as 34% on Tuesday after Electronic Arts agreed to acquire the mobile game developer for $2.4 billion.  Glu develops mobile games that include Design Home, Covet Fashion, and Kim Kardashian: Hollywood. The games are typically free to play but include in-game purchases.

Glu Mobile soars 34% after Electronic Arts agrees to $2.4 billion takeover

The stock price of Glu Mobile Inc. (NASDAQ: GLUU) is trading at over 30% pre-market today. This is why it happened.

GLUU Stock Price Increases Over 30% Pre-Market: Why It Happened

WILMINGTON, Del., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Glu Mobile Inc. (“Glu”) (NASDAQ GS: GLUU) regarding possible breaches of fiduciary duties and other violations of law related to Glu's agreement to be acquired by Electronic Arts Inc. (“Electronic Acts”) (NASDAQ GS: EA). Under the terms of the agreement, Glu's shareholders will receive $12.50 in cash per share.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Glu Mobile Inc. Buyout

The deal dramatically expands the company's presence in the mobile gaming sphere.

Electronic Arts Acquiring GluMobile for $2.4 Billion

Glu Mobile (GLUU) delivered earnings and revenue surprises of 50.00% and 0.14%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Glu Mobile (GLUU) Q4 Earnings and Revenues Surpass Estimates

Video game publisher Electronic Arts late Monday announced the acquisition of Glu Mobile in a $2.1 billion deal that will bulk up its mobile games business. EA stock rose on the news.

Electronic Arts Bulks Up Mobile Games Business With Glu Mobile Acquisition

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether Glu Mobile Inc. (NASDAQ: GLUU) and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Glu Mobile to Electronic Arts Inc. Under the terms of merger agreement, Glu Mobile stockholders will receive $12.50 in cash for each share of Glu Mobile common stock. On behalf of Glu Mobile shareholders,

Glu Mobile Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Glu Mobile Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – GLUU

Electronic Arts plans to acquire Glu Mobile in a deal worth $2.4 billion. This will double the size of EA's mobile business.

Electronic Arts acquires Glu Mobile for $2.4 billion

Electronic Arts Inc. (NASDAQ: EA) will buy Glu Mobile (NASDAQ: GLUU) in a $2.4 billion deal. What To Know: Glu stockholders will receive $12.50 in cash for each share of Glu stock, representing a 36% premium to Glu's closing share price on Feb. 5.

Electronic Arts Is Buying Glu Mobile In $2.4B Deal

Electronic Arts Inc. (NASDAQ: EA) and mobile game publisher Glu Mobile Inc. (NASDAQ: GLUU) recently entered into a definitive agreement under which EA will buy Glu Mobile for $2.1 billion in enterprise value. The post Electronic Arts (EA) To Buy Glu Mobile (GLUU) For $2.1 Billion appeared first on Pulse 2.0.

Electronic Arts (EA) To Buy Glu Mobile (GLUU) For $2.1 Billion

SAN FRANCISCO--(BUSINESS WIRE)--Glu Mobile Inc. (NASDAQ: GLUU), a leading global developer and publisher of mobile games, today announced financial results for its fourth quarter and full year ended December 31, 2020. “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 resurgence of Kim Kardashian: Hollywood coupled with a strong contribution from the title we launched during the year, Disney

Glu Reports Fourth Quarter and Full Year 2020 Financial Results

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: EA), a global leader in interactive entertainment, and Glu Mobile Inc. (NASDAQ: GLUU), a leading global developer and publisher of mobile games including Design Home, Covet Fashion, and MLB Tap Sports Baseball, have entered into a definitive agreement under which Electronic Arts will acquire Glu Mobile. Under the terms of the agreement, EA will acquire Glu for $2.1 billion in enterprise value. Glu stockholders will receive $12

Electronic Arts to Acquire Glu Mobile, Creating a New Global Leader in the Largest and Fastest Growing Gaming Segment

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Is Glu Mobile Stock a Buy?

Glu Mobile (GLUU) closed at $9.09 in the latest trading session, marking a +1.91% move from the prior day.

Glu Mobile (GLUU) Outpaces Stock Market Gains: What You Should Know

SAN FRANCISCO--(BUSINESS WIRE)--Glu Mobile Inc. (NASDAQ:GLUU), a leading developer and publisher of mobile games, today announced that Nick Earl, President and Chief Executive Officer, and Eric R. Ludwig, Chief Operating Officer and Chief Financial Officer, are scheduled to participate in a fireside chat at the Goldman Sachs Technology & Internet Conference on Wednesday, February 10, 2021 at 11:00 a.m. Pacific time. A live webcast, as well as a replay, of the fireside chat will be available

Glu to Participate in Upcoming Goldman Sachs Technology & Internet Virtual Conference

Glu Mobile (GLUU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Glu Mobile (GLUU) Reports Next Week: Wall Street Expects Earnings Growth

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SAN FRANCISCO--(BUSINESS WIRE)--Glu Mobile Inc. (NASDAQ: GLUU), a leading developer and publisher of mobile games, today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2020 after the U.S. markets close on Tuesday, February 9, 2021. In conjunction with this announcement, Glu management will host a conference call and webcast that afternoon at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss and answer questions about the comp

Glu Announces Date of Fourth Quarter and Full Year 2020 Financial Results Release, Conference Call and Webcast

Even though Glu Mobile's growth rates are volatile and its outlook is lackluster, that insight is already priced in here. Glu Mobile generates a lot of free cash flow and carries a very strong balance sheet.

Glu Mobile: Out Of Favor And Cheaply Valued Gaming Platform

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News for Glu Mobile Stock (GLUU)