Glu Mobile -10.1% after pricing offering at $3.50

Glu's (GLUU) offering price is 13.8% below a Thursday close of $4.06.

The company expects to reap net proceeds of $27.8M by selling 8.58M shares. Underwriters have a 1.29M-share overallotment option.

Yesterday: Glu lower after announcing stock offering

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Comments (3)
  • JohnNewman13
    , contributor
    Comments (77) | Send Message
    How many employees and friends bought June 4 puts??????


    That 27.M along with the 35M cash on hand will get them through June 2015.


    30 May 2014, 09:27 AM Reply Like
  • 1woody55
    , contributor
    Comments (15) | Send Message
    What does this mean for us average share holders who are long ?
    30 May 2014, 09:54 AM Reply Like
  • Vigen
    , contributor
    Comments (95) | Send Message
    The insiders sold there shares when share price when up around 4$ know they selling shares to drop the share price so the insiders can by back shares cheep again and than shares goes up WOW
    1 Jun 2014, 07:31 AM Reply Like
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