Glu Mobile Stock Has a Lot to Prove on Wednesday

One of last week's biggest losers was Glu Mobile (NASDAQ: GLUU), as shares of the mobile games publisher suffered a 14% decline. There wasn't any material news triggering the sell-off, and all it ultimately did was slightly dent one of this year's biggest winners. Shares of Glu Mobile have still more than doubled in 2017.

Glu Mobile investors won't have to wait long for a chance to bounce back. The company behind Design Home, Kim Kardashian: Hollywood, and Deer Hunter will report fresh financials Wednesday afternoon. The stock has a tendency to make a big move on earnings, soaring 12% the week it posted its second-quarter results. The surge followed an 8% pop the week it announced its first-quarter numbers, though it did slide 12% the quarterly report before that.

Image source: Glu Mobile.

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Source: Fool.com