Posts Tagged ‘moconews glu gluu ipo nasdaq’
Glu Raised $ 84 Million on IPO
March 22nd, 2007 by Arjan Olsder Posted in Companies & M&A | No Comments »
MoCoNews reports mobile games publisher Glu has raised $ 84 million for their IPO, $ 4 million above expectations. Glu offered 7.3 million shares which sold at $ 11.50 each while the forecast was between $ 10 and $ 12. Glu’s market capitalization has reached about $ 327 million. Glu’s common stock will trade on Nasdaq today under the GLUU symbol.
Disclaimer:Arjan Olsder is the Vice President of Pixalon Studios. Opinions expressed on this publication do not have to represent those of Pixalon Studios. |
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