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Buy This Surging Cheap Tech Stock?

Nov 24, 2020 - Nasdaq

Mobile gaming is projected to account for roughly half of the $160 billion global video game market in 2020, and Glu Mobile GLUU is set to benefit from its continued growth. Glu easily topped our third quarter estimates and its stock price has surged over 35% since its November 5 release.

Always on Our Phones…

Glu’s portfolio of mobile games features Deer Hunter, Kim Kardashian: Hollywood, MLB Tap Sports Baseball, Disney Sorcerer’s Arena DIS, and other titles such as WWE Unive...