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Glu Mobile (GLUU) in Focus: Stock Moves 11.7% Higher

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Glu Mobile, Inc. was a big mover last session, as the company saw its shares rise roughly 12% on the day.  The move came on solid volume 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 $2.11 to $2.56 in the past one-month time frame.

None of the estimates for this Toys/Game/Hobby industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

However, a better-ranked stock in the same space is Take-Two Interactive Software Inc. (TTWO - Free Report) , carrying a Zacks Rank #2 (Buy).

Is GLUU going up? Or down? Predict to see what others think: Up or Down

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