Worth Watching Stocks in the Spotlight: Glu Mobile Inc. (NASDAQ:GLUU), Patterson-UTI Energy, Inc. (NASDAQ:PTEN), Akamai Technologies, Inc. (NASDAQ:AKAM)

On Tuesday, Shares of Glu Mobile Inc. (NASDAQ:GLUU), added 0.54% and closed at $1.86 in the last trading session. The last trading range of the stock ranges between $1.79 and $1.88. Glu Mobile Inc. (GLUU), a leading global developer and publisher of free-to-play games for smartphone and tablet devices, recently declared financial results for its third quarter ended September 30, 2016.

“Our third quarter bookings were driven by the continued traction of Tap Sports Baseball 2016, Cooking Dash 2016 and Racing Rivals, in addition to the launch of Gordon Ramsay Dash and ongoing success of Kim Kardashian: Hollywood,” stated Niccolo de Masi, Executive Chairman of Glu. “While our third quarter results included royalty impairments from underperforming titles, we believe that we made meaningful progress on our evergreen strategy of deepening monetization of our biggest spenders and most engaged players in our genre-leading live games.”

Patterson-UTI Energy, Inc. (NASDAQ:PTEN), jumped 0.09% and closed at $21.69 in the last trading session. The last trading range of the stock ranges between $21.43 and $21.93. The company’s Market capitalization is $3.25 Billion with the total Outstanding Shares of 148.11 million. PATTERSON-UTI ENERGY, INC. (PTEN) recently stated that for the month of October 2016, the Company had an average of 63 drilling rigs operating in the United States and two rigs in Canada.

Average drilling rigs operating stated in the Company’s monthly declarements represent the average number of the Company’s drilling rigs that were operating under a drilling contract.  The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company’s operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company’s financial performance.  The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.

On the otherhand Akamai Technologies, Inc. (NASDAQ:AKAM), lost -0.23% and closed at $66.37 in the last trading session. The last trading range of the stock ranges between $65.75 and $66.76. During the 52-week trading session the minimum price at which share price traded, registered at $39.43 and reached to max level of $71.04. Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the United States and internationally. The company offers performance and security solutions designed to assist Websites and business applications operate while offering protection against security threats. It also provides media content delivery solutions that are designed to deliver movies, television shows, live events, games, social media, software downloads, and other content on the Internet in fixed line and mobile networks; adaptive delivery solutions for streaming video content; and download delivery solution that offers accelerated distribution for large file downloads, counting games, progressive media files, documents, and other file-based content. In addition, the company offers a suite of analytics tools to monitor online video viewer experiences and the effectiveness of Web software downloads, while measuring audience engagement, and quality of service performance; and NetStorage, a cloud storage solution, in addition to media services to deliver live and on-demand content to various devices and platforms.

Leave a Reply

Your email address will not be published. Required fields are marked *