Glu Mobile (GLUU) Near Intraday Highs Following Unconfirmed Chatter
Tweet
Share
E-mailGet Alerts GLUU Hot Sheet
Join SI Premium – FREE
Glu Mobile Inc. (Nasdaq: GLUU) shares have stayed high following unconfirmed chatter it might be an M&A target.
Shares popped early and stayed strong for most of the session.
Really, it also looks like the stock got about the 50-day SMA at $4.44 early on, a potential technical level for the mobile game maker.
Movement on the stock is high today as well, with volatility up 19 percent from Wednesday's close.
Shares are up 5.2 percent to about $4.67 at last check, with volume outpacing the trailing three-month daily average of just under 3 million shares.
Traders might note the $4.70 level, which GLu Mobile butted up against today.
Shares popped early and stayed strong for most of the session.
Really, it also looks like the stock got about the 50-day SMA at $4.44 early on, a potential technical level for the mobile game maker.
Movement on the stock is high today as well, with volatility up 19 percent from Wednesday's close.
Shares are up 5.2 percent to about $4.67 at last check, with volume outpacing the trailing three-month daily average of just under 3 million shares.
Traders might note the $4.70 level, which GLu Mobile butted up against today.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Korean Air in Talks to Buy at Least 10 Boeing 777X Jets (BA) - Reuters
- Intel (INTC) April weekly 34 straddle into quarter results
- Microsoft (MSFT) April weekly 407 straddle into quarter results
Create E-mail Alert Related Categories
Insiders' Blog, Options, RumorsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
