Glu Mobile closes higher following bullish SA column

SA contributor Kelvin M. highlights the strong performance of Deer Hunter 2014 following its September launch. Using the historical performance of Zynga Poker as a point of reference, the author thinks Deer Hunter 2014 may have added $2.4M to Glu's (GLUU +6.2%) Q3 top line, and could boost Q4 sales by up to $20M.

Deer Hunter 2014 is still ranked #1 on App Annie's iPhone U.S. free download chart, and #9 on its list of top-grossing apps. For the iPad, its rankings are #5 and #19, respective.

Glu shot higher two weeks ago after announcing strong initial download activity for Deer Hunter 2014.

Shares rallied today in spite of a general rout in high-beta tech names.

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Comments (2)
  • RacerX1225
    , contributor
    Comments (115) | Send Message
    I knew it was cheap around 2.17
    8 Oct 2013, 04:54 PM Reply Like
  • surfvestor
    , contributor
    Comment (1) | Send Message
    DH 14 is also the number 1 free app in the mac app store
    8 Oct 2013, 09:24 PM Reply Like
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