Glu Mobile Jumping Nearly 9%

Glu Mobile Inc. GLUU shares are soaring today, gaining nearly 9% on heavy volume as the NASDAQ leads the three indexes. At last check, shares were up 45 cents to $5.67, a gain of 8.6% on 1.6 million shares. Glu Mobile Inc. engages in the design, marketing, and sale of mobile games worldwide. The company's games based on licensed intellectual property include Call of Duty, Deer Hunter, Diner Dash, Guitar Hero 5, Family Feud, Family Guy, The Price is Right and others.