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MarketFoolery

What do Google, Zoom, and Chegg have in common?

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 9 February 2021

⏱️ 20 minutes

🧾️ Download transcript

Summary

Glu Mobile shares pop 30% as the mobile game developer gets bought by Electronic Arts. Simon Property Group and Jones Lang LaSalle project optimism for the year ahead. Chegg wraps up a strong year. Bill Barker analyzes those stories, plus we dip into the Fool Mailbag to revisit Bill’s math on the eBay’s returns and discuss the latest study on the health benefits of coffee.

Transcript

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0:00.0

It's Tuesday, February 9th.

0:04.3

Welcome to Market Fuller.

0:05.3

I'm Chris and I'm with me today.

0:07.2

Mr. Bill Barker.

0:08.2

Thanks for being here.

0:09.2

Thanks for having me.

0:10.9

We've got commercial real estate.

0:12.3

We're going to talk education tech and we will dip into the full mail bag, but we're

0:16.6

going to start with the deal of the day, which features the stock of the day, glue mobile,

0:22.3

a developer of mobile games, shares of glue mobile up more than 30% because it is being

0:27.0

bought by electronic arts.

0:30.2

And this is a cash deal.

0:33.7

Shares of electronic arts are up slightly as well, which is always my indication that Wall

0:41.0

Street as a group thinks that they're paying a good price for this.

0:46.5

Yes, or that the deal simply makes sense, you're right to point out that looking at

0:53.2

the acquirer's stock movement, usually, if you don't know anything at all, you're guessing

1:00.6

that it's going to go down on the day of.

1:03.6

But in the recent past, it's been much more the acquirer's stock has gone up.

1:09.8

I don't think that's because they're getting some special great price, you know, certainly

1:15.8

not getting glue mobile while it's down.

1:20.4

But it's a deal that obviously makes sense, a game maker requiring a mobile game maker,

1:27.8

it doubles EA's mobile business, and it gives them some high profile names to add to the

...

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