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Glu Mobile Inc. (NASDAQ: GLUU) shares declined 5.81 percent to close at $2.27 a share Thursday. The stock traded between $2.21 and $2.31 on volume of 4.30 million shares traded. The company announced the pricing of a public offering of 6.3 million shares of its common stock at $2.10 per share.
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NQ Mobile Inc. (NYSE: NQ) shares spiked 10.80 percent to close at $20.11 a share Thursday. The stock traded between $17.63 and $20.21 on volume of 4.81 million shares traded. The company recently announced that its subsidiary, Beijing Feiliu Jiutian Technology Co., has become the publisher of Perfect World's highly anticipated MMORPG mobile game, "The Condor Heroes", on the iOS platform. Shares of NQ Mobile have gained approximately 230.0 percent year-to-date.
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Pandora Media Inc. (NYSE: P) shares surged 12.11 percent to close at $23.97 a share Thursday. The stock traded between $23.09 and $24.43 on volume of 34.13 million shares traded. The company has named Brian McAndrews, formerly of Madrona Venture Group, Microsoft and aQuantive, as Chief Executive Officer, President and Chairman. Shares of Pandora Media have gained approximately 160.0 percent year-to-date.
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Yahoo! Inc. (NASDAQ: YHOO) shares increased 1.58 percent to close at $29.65 share Thursday. The stock traded between $29.50 and $30.27 on volume of 22.01 million shares traded. It was the first time the stock had topped the $30.00 mark since February 2008. Shares of Yahoo! have gained approximately 49.0 percent year-to-date.
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