Glu Mobile (GLUU) Near Intraday Highs Following Unconfirmed Chatter
Get 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
- Nvidia appoints Anna Soellner as new corporate communications chief - Axios
- Industrial Sel Sect Spdr Fd (XLI) August 145, September 155 and September 165 puts active
- Flutter Entertainment (FLUT) call put ratio 1.2 calls to 1 put amid World Cup
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!



Tweet
Share