Glu Mobile (GLUU) Rips Higher; To Develop Social Games for Google's (GOOG) Honeycomb OS
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Glu Mobile Inc. (Nasdaq: GLUU) shares are absolutely ripping this afternoon following an announcement by the company that they will be developing social mobile gaming apps for Google's (Nasdaq: GOOG) Android 3.0 (Honeycomb) and other Android releases. Shares are up 7.0% this afternoon, but have been as much as 11.4% better to $3.33 per share. Volume also spiked on the announcement.
The company also said that they are one of the first developers to implement In App Purchases (IAPs) into its Android games.
The company also said that they are one of the first developers to implement In App Purchases (IAPs) into its Android games.
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