Glu Mobile, Inc. (NASDAQ:GLUU)
CAPS Rating:
The Company is a global publisher of mobile games. It creates games and related applications based on third-party licensed brands and other intellectual property.
The Company is a global publisher of mobile games. It creates games and related applications based on third-party licensed brands and other intellectual property.
Recs
Down over 50% over the last quarter, despite high levels of support from many throughout the investment community. They have plenty of cash on hand to weather a few tough years, so it's really just a bet on whether they can produce one or two breakout titles to lift EPS. There are worse bets.
Have you played any of their games? In my opinion, their core problem is that their games kind of suck.