Glu Mobile needs helping hand from Katy Perry

By | November 6, 2015

Scalper1 News

Mobile video game maker Glu Mobile (GLUU) came unglued on the stock market today after giving sharply lower guidance for the current quarter despite the upcoming release of a game starring pop singer Katy Perry. Glu stock fell as much as 17.8% in morning trading. In early afternoon trading, Glu was down about 13% just above 3. The San Francisco-based company late Thursday beat Wall Street’s targets for the third quarter. It earned 6 cents a share Scalper1 News

Scalper1 News