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Stock Market & Financial Investment News

News Breaks
July 22, 2014
17:39 EDTMEETMeetMe announces proposed public offering of common stock, no amount given
JMP Securities is acting as the sole book-running manager and Janney Montgomery Scott LLC and Northland Capital Markets are serving as co-managers.
News For MEET From The Last 14 Days
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December 11, 2014
07:33 EDTMEETMeetMe valuation gap to Momo unjustified, says Wunderlich
Wunderlich believes the valuation of Momo (MOMO), which begins trading today, is "extreme" for both the company and peer MeetMe (MEET). The firm believes the valuation gap between the two companies is unjustified, but points out Momo is growing revenue and users "substantially faster" than MeetMe. Wunderlich says MeetMe's mobile user growth is tracking well and keeps a Buy rating on the stock with a $4.50 price target.

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