GLUU Stock Predictions: Publishing Tencent’s ‘Honor Of Kings’ Could Notably Boost Glu Mobile’s Revenue
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
‘Honor Of Kings’ Could Boost Glu Mobile’s Revenue
Summary:
- I Know First has bullish algorithmic forecasts for GLUU. Monthly technical indicators and moving averages are also endorsing a buy for GLUU.
- I am not yet going to go long GLUU. However, I know why it’s getting positive endorsement from I Know First’s deep neural network.
- Tencent’s upcoming U.S. release of its hit Chinese mobile MOBA game could lead to Glu Mobile being the publisher for it for North America and Latin America
- Tencent has chosen Netmarble as the publisher of the Korean version, Penta Storm, of Honor of Kings in South Korea.
- Garena (partly-owned by Tencent) is likely to become the publisher for South East Asian countries. Glu Mobile is also partly-owned by Tencent.