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Stock Market & Financial Investment News

News Breaks
February 15, 2013
10:02 EDTMMMillennial Media jumps ahead of Q4 earnings report
Shares of Millennial Media (MM), which provides a platform for mobile ads, are surging ahead of the company's fourth quarter results. The company's resulted are scheduled to be announced on Tuesday, February 19, after the market closes. In a note to investors earlier today, Oppenheimer analyst Jason Helfstein predicted that the stock would climb after the company reports its results. Helfstein's research indicates that the company will face limited competition in the mobile ad market over the short-term, he wrote. Moreover, he expects the company to report solid results. Finally, he notes that Millennial Media's stock has a high short interest, and that many stocks with a high short interest have rallied during the current earnings season. The analyst maintained a $19 price target and Outperform rating on the shares, which jumped $1.00, or 8%, to $13.50 in early trading.
News For MM From The Last 14 Days
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May 15, 2013
11:13 EDTMMOptions with decreasing implied volatility: MM GMCR GRPN THRX SGMO
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May 14, 2013
12:17 EDTMMMillennial Media reiterated as a Buy at Northland Securities
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12:16 EDTMMOptions with decreasing implied volatility: MM PANL DGIT VCLK THRX
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May 13, 2013
11:07 EDTMMOptions with decreasing implied volatility: EZCH MM MAKO MBI FOSL
May 8, 2013
16:25 EDTMMMillennial Media reaffirms FY13 revenue view $270M-$280M, consensus $275.34M
16:25 EDTMMMillennial Media sees Q2 revenue $58M-$60M, consensus $60.81M
16:24 EDTMMMillennial Media reports Q1 adjusted EPS (1c), consensus (2c)
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