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down 67.90 %

GLU MOBILE INC. (GLUU) rated Overweight with price target $7 by Lehman Brothers

Posted on: Wednesday,  May 14, 2008  8:25 AM ET by Lehman Brothers

Lehman Brothers rated Overweight GLU MOBILE INC. (NASDAQ: GLUU) on 05/14/2008. Previously Lehman Brothers rated Buy GLU MOBILE INC. (NASDAQ: GLUU) on
07/12/2007., when the stock price was $13.74. Since then, GLU MOBILE INC. has lost 67.90% as of 11/13/2015's recent price of $4.41.
If you would have followed the previous Lehman Brothers's recommendation on GLUU, you would have lost 67.9% of your investment in 3046 days.

Glu Mobile Inc. is engaged in designing, marketing and selling games for mobile phones. The Company have developed and published a portfolio of casual and traditional games designed to appeal to a cross section of the subscribers served by the wireless carriers and other distributors. The games include Call of Duty, Deer Hunter, Diner Dash, Family Feud, The Dark Knight, Transformers, World Series of Poker, Zuma, Bonsai Blast, Get Cookin?, Brain Genius, My Hangman, Space Monkey, Stranded and Super K.O. Boxing. During the year ended December 31, 2008, the Company completed the acquisition of Superscape.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/14/2008 8:25 AM Buy
4.47 7.00
as of 12/24/2008
1 Week down  -7.69 %
1 Month up  17.64 %
3 Months up  3.44 %
1 YTD up  20.00 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/2/2007 9:25 AM Buy
11.12 13.00
7/12/2007 9:25 AM Buy
13.74 15.00

(*) Stock Price at the time of the recommendation.
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