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Why Glu Mobile Inc. Stock Popped Today

TheMotleyFool

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Shares of Glu Mobile Inc. (NASDAQ: GLUU) were up 11.2% as of 3:15 p.m. EST Monday after a positive analyst note.

More specifically, Roth Capital analyst Darren Aftahi maintained his "buy" rating on the free-to-play games specialist, but also increased his per-share price target to $5.25 from $4.75. Glu Mobile stock is trading at roughly $4.63 per share as of this writing.

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Source: Fool.com