Shares Glu Mobile Inc. (NASDAQ:GLUU) have been on a tear lately, up about 68% last week alone. Investors who held onto GLUU stock were nicely rewarded. But before you kick yourself for not making the trade, there might still be some upswing left in Glu Mobile stock. At least Tencent Holdings Ltd seems to think so, which just increased its stake in the mobile game app developer to 21.5%.
Tencent, which offers online games through its Internet service portal in China, bought four million more shares of Glu Mobile on February 25. GLU stock was purchased at.
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Tencent, which offers online games through its Internet service portal in China, bought four million more shares of Glu Mobile on February 25. GLU stock was purchased at.
Den vollständigen Artikel lesen ...