Nasdaq Percentage Decliners: Tellabs Inc. (NASDAQ:TLAB) and Glu Mobile, Inc. (NASDAQ:GLUU) added to Growing Stock Report's Nasdaq's Percentage Decliners Watch List

New York, NY -- (SBWIRE) -- 02/01/2013 -- Growing Stock Report adds Tellabs Inc. (NASDAQ:TLAB) and Glu Mobile, Inc. (NASDAQ:GLUU) added to their Nasdaq Decliners Watch List.

Tellabs Inc. (NASDAQ:TLAB) a company that designs, develops, and supports telecommunications networking products for communication service providers in the United States and internationally is currently down (-8.33%) after forecasting first-quarter revenue that trailed analysts’ estimates and announcing a plan to discontinue its 9200 routing product and cut expenses. The stock has continued it's downward trend which has prompted Growing Stock Report to add Tellabs Inc. (NASDAQ:TLAB) to their Nasdaq Decliners Watch List.

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Glu Mobile, Inc. (NASDAQ:GLUU) designs, markets, and sells mobile games worldwide is currently down (-6.56%) after a recent downgrade from Out Peform to Market Peform by Northland Capital. Analysts see Glu Mobile, Inc. posting its fourth loss in five quarters on flat revenue growth,which has prompted Growing Stock Report to add Glu Mobile, Inc. (NASDAQ:GLUU) to their Nasdaq Decliners Watch List.

Click Here to find out what other Investors are saying about Glu Mobile, Inc.

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