Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Glu Mobile Stock Surged 28% in May

TheMotleyFool

0 0

Shares of Glu Mobile (NASDAQ: GLUU) climbed 27.9% last month, according to data provided by S&P Global Market Intelligence. On May 7, the mobile game maker reported a solid first-quarter earnings report, with bookings up 15% year over year.

That news was followed with a business update in late May that showed momentum continuing into the second quarter. Management raised its second-quarter and full-year guidance on the back of strong performance from its core growth games, in addition to early results from new releases.

Image source: Getty Images.

Source Fool.com

Like: 0

GLUU

Share