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Out Fox The $treet: May 2, 2018

Stocks to watch on Wednesday:

Glu Mobile (GLUU) - the mobile-game developer upped '18 bookings estimates by $35 million. The stock is up about 9% for a $60 million market cap gain. The stock remains rather cheap with a market cap around $670 million and annual bookings at $365 million. 

Snap (SNAP) - the disaster continues. Negative FCF of $268 million with stalling user growth suggests the stock deserves to trade closer to $5, than $10. 

Twitter (TWTR) - the Snap disaster shows the value of Twitter. Look for advertisers to shift towards Twitter and avoid Snap as the alternative solution from Facebook (FB)

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Disclosure: Long GLUU, TWTR