What happened to my GLUU stock?
On 4/30/2021, Electronic Arts (EA) completed its acquisition of Glu Mobile (GLUU). As part of this transaction, GLUU ceased trading on the Nasdaq Exchange beginning 4/30/2021. All shareholders of GLUU will receive $12.50 cash for every 1 GLUU share previously held.
Should I hold GLUU?
The consensus among Wall Street equities research analysts is that investors should “hold” Glu Mobile stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GLUU, but not buy additional shares or sell existing shares.
What is happening with GLUU?
The company announced that its latest major acquisition, for Glu Mobile, has closed. That deal was reached in February. Under its terms, Electronic Arts agreed to acquire Glu Mobile in an all-cash deal for $2.1 billion in enterprise value.
Is GLUU a good stock to buy?
(NASDAQ:GLUU) is more popular among hedge funds. Our overall hedge fund sentiment score for GLUU is 84.7. Our calculations showed that top 30 most popular stocks among hedge funds returned 81.2% in 2019 and 2020, and outperformed the S&P 500 ETF (SPY) by 26 percentage points.
What are the analysts opinions on Glu Mobile?
10 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Glu Mobile in the last year. There are currently 10 hold ratings for the stock. The consensus among Wall Street analysts is that investors should “hold” Glu Mobile stock.
What is the hold rating on Glu Mobile?
The consensus among Wall Street analysts is that investors should “hold” Glu Mobile stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GLUU, but not buy additional shares or sell existing shares.
What is the return on equity of Glu Mobile?
Glu Mobile had a net margin of 1.44% and a trailing twelve-month return on equity of 2.79%. The business’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.07 earnings per share.
Where is the mailing address for Glu Mobile?
Glu Mobile’s mailing address is 875 Howard Street Suite 100, San Francisco CA, 94103. The company can be reached via phone at (415) 800-6100 or via email at [email protected].