Benchmark downgraded Glu Mobile Inc. (Nasdaq: GLUU) from a Buy rating to a Hold rating saying that revenue would slow in the second half of the year. Analysts were also concerned about Glu Mobile's $100 million acquisition of Cie Games. Shares of the game developer tumbled $1.14 to $5.75.
Glu Mobile downgraded
July 31, 2014 at 13:01 PM EDT
