Movers roundup: Netflix, Glu Mobile
Among the stock activity stories for Monday, Oct. 8, from AP Business News:
_ Netflix Inc.'s stock surged 10.5 percent after an analyst sought to ease investor fears that the online subscription service will face intensifying completion from Amazon.com.
_ Shares of Glu Mobile Inc. got a boost after the mobile game developer said it signed a gambling deal with Probability PLC.
_ Shares of chip-maker Intersil Corp. fell after a JPMorgan analyst downgraded the stock, saying the company is losing market share and the PC market remains weak.