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Glu Mobile (GLUU) Jumps: Stock Rises 9.8%

Zacks Equity Research

Glu Mobile, Inc. (GLUU) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $3.63 to $4.06 in the past one-month time frame.

Though the company has seen no negative revisions in the past 30 days, its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s jump lasts.

Glu Mobile currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, better-ranked stocks in the consumer discretionary sector include DeVry Education Group Inc. (DV), Electrolux AB (ELUXY) and Home Inns & Hotels Management Inc. (HMIN). All of these sport a Zacks Rank #1 (Strong Buy).

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GLU MOBILE INC (GLUU): Free Stock Analysis Report

DEVRY EDUCATION GROUP INC (DV): Free Stock Analysis Report

A B ELECTRLX S ADR# (ELUXY): Free Stock Analysis Report


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