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News Breaks | | | | February 15, 2013 | | 10:02 EDT |  | MM | Millennial 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. | |
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News For MM From The Last 14 Days Check below for free stories on MM the last two weeks. |
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| May 15, 2013 | | 11:13 EDT |  | MM | Options with decreasing implied volatility: MM GMCR GRPN THRX SGMO
Subscribe for More Information | | | May 14, 2013 | | 12:17 EDT |  | MM | Millennial Media reiterated as a Buy at Northland Securities
Subscribe for More Information | | | 12:16 EDT |  | MM | Options with decreasing implied volatility: MM PANL DGIT VCLK THRX
Subscribe for More Information | | | May 13, 2013 | | 11:07 EDT |  | MM | Options with decreasing implied volatility: EZCH MM MAKO MBI FOSL
| | | May 8, 2013 | | 16:25 EDT |  | MM | Millennial Media reaffirms FY13 revenue view $270M-$280M, consensus $275.34M
| | | 16:25 EDT |  | MM | Millennial Media sees Q2 revenue $58M-$60M, consensus $60.81M
| | | 16:24 EDT |  | MM | Millennial Media reports Q1 adjusted EPS (1c), consensus (2c)
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