Glu Mobile Now Down Sharply After Startng Session Positive

Glu Mobile Inc. GLUU has severely reversed course, and is now down sharply, down almost 5% after the stock started up sharply higher this morning. The company, which makes mobile games based on various TV properties such as "Family Guy" and "The Price is Right" started the session at $5.14, ran to $5.23 right off the open, and is now trading down to $4.80 on the session. The move is a near 10% intraday swing on nearly 600,000 shares.