Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Glu Mobile Inc.    GLUU

GLU MOBILE INC.

(GLUU)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Law Offices of Howard G. Smith Announces Investigation on Behalf of Glu Mobile Inc. Investors (GLUU)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/14/2019 | 05:42pm EDT

Law Offices of Howard G. Smith announces an investigation on behalf of Glu Mobile Inc. (“Glu Mobile” or the “Company”) (NASDAQ: GLUU) investors concerning the Company and its officers’ possible violations of federal securities laws.

On August 1, 2019, post-market, Glu Mobile drastically decreased its annual bookings guidance and annual forecast. The Company’s Chief Financial Officer stated that Glu Mobile had revised its annual guidance “primarily to reflect the timing of new launches, contribution from newly launched titles and incremental UA investment to take advantage of favorable ROI opportunities."

On this news, Glu Mobile’s stock price fell $2.77 per share, or 36.5%, to close at $4.82 per share on August 2, 2019, thereby injuring investors.

If you purchased Glu Mobile securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


© Business Wire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GLU MOBILE INC.
08:01aBRAGAR EAGEL & SQUIRE, P.C. IS INVES : GLUU) on Behalf of Stockholders and Encou..
PR
08/14GLANCY PRONGAY & MURRAY LLP : Announces Investigation on Behalf of Glu Mobile In..
BU
08/14Law Offices of Howard G. Smith Announces Investigation on Behalf of Glu Mobil..
BU
08/09BRONSTEIN, GEWIRTZ & GROSSMAN, LLC : Announces Investigation of Glu Mobile Inc. ..
PR
08/08GLU MOBILE : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RES..
AQ
08/06GLU MOBILE : to Participate in the KeyBanc Capital Markets 21st Annual Technolog..
BU
08/05'NBA 2K', 'Grand Theft Auto V' help Take-Two surge past estimates
RE
08/01GLU MOBILE : 2Q Earnings Snapshot
AQ
08/01GLU MOBILE : Reports Second Quarter 2019 Financial Results
BU
08/01GLU MOBILE INC : Results of Operations and Financial Condition, Financial Statem..
AQ
More news
Financials (USD)
Sales 2019 408 M
EBIT 2019 1,20 M
Net income 2019 2,77 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 149x
P/E ratio 2020 21,3x
Capi. / Sales2019 1,60x
Capi. / Sales2020 1,37x
Capitalization 652 M
Chart GLU MOBILE INC.
Duration : Period :
Glu Mobile Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GLU MOBILE INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 7
Average target price 7,96  $
Last Close Price 4,47  $
Spread / Highest target 101%
Spread / Average Target 78,2%
Spread / Lowest Target 56,6%
EPS Revisions
Managers
NameTitle
Nick Earl President, CEO & Non-Independent Director
Niccolo M. de Masi Executive Chairman
Eric Robert Ludwig Chief Financial & Operating Officer, EVP
Dominic Martinelli VP-Global Customer & Technical Operations
Hany M. Nada Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
GLU MOBILE INC.-44.61%652
MICROSOFT CORPORATION36.27%1 056 817
ORACLE CORPORATION19.31%179 701
SAP AG24.21%142 804
ADOBE27.06%139 792
INTUIT39.31%71 092