Glu Mobile (GLUU) falls on Q2 loss

Glu Mobile (NASDAQ: GLUU) dipped 14.9% to $5.87 after the company reported a Q2 loss of $0.02 per share on revenue of $40.90 million. Benchmark downgraded Glu Mobile from Buy to Hold. Share volume was 7.8 million, outdistancing an all-day average of 6.1 million