Here’s Why Glu Mobile Is Just Getting Started [The Motley Fool]
GLU MOBILE (GLUU)
Last glu mobile earnings: 2/5 04:02 pm
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Source: The Motley Fool
The mobile gaming specialist has found a winning formula. Glu Mobile ( NASDAQ:GLUU ) has set the stock market on fire this year with a string of solid quarterly results. The stock has doubled year to date. The mobile gaming specialist is now at multiyear highs after a strong showing in the second quarter assured investors that a change of strategy that was initiated last year is working. Glu is reaping the benefits of broadening its mobile gaming portfolio into more genres and tapping characters from popular culture. But mobile gaming is a fickle industry where trends can change at the drop of a hat. Still, investors can count on Glu Mobile to sustain its impressive growth, as it seems to have struck the right formula. Image Source: Getty Images. Creating sustainable winners Glu has already been a victim of the changing trends in mobile gaming once. The company hit gold in 2014 with Kim Kardashian: Hollywood , with the celebrity's popularity helping b
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