QUOTE AND NEWS
Japan Today  May 15  Comment 
Millennial Media, a leading independent mobile advertising and data platform, has opened an office in Japan. John Greiner has been named managing director of Japan, and will lead the company’s operations out of the newly opened Tokyo...
StreetInsider.com  May 8  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Guidance/Millennial+Media+%28MM%29+Tops+Q1+EPS+by+1c%2C+Guides+Q2+Rev/8318821.html for the full story.
Cellular News  Apr 11  Comment 
Where in past years, ad networks such as Google, Millennial Media, and Apple received most of the spending on mobile display ads, now publishers control the segment, thanks to very strong sales growth in the past year. Click here for more.
Forbes  Apr 9  Comment 
IDC estimates that publishers such as Facebook, Pandora and Twitter now control a majority of mobile display ad spending at 52% in 2012 vs. 39% in 2011.  It estimates that $1.7 billion was spent on mobile display ads compared to $0.7 billion in...
StreetInsider.com  Apr 5  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Millennial+Media+%28MM%29+Closes+Metaresolver+Acquisition%3B+Adds+New+Management/8235579.html for the full story.
Benzinga  Mar 18  Comment 
Lakeland Industries (NASDAQ: LAKE) shares fell 2.26% to touch a new 52-week low of $3.90. Lakeland Industries' trailing-twelve-month ROE is -13.43%. The9 Limited (NASDAQ: NCTY) shares fell 2.59% to reach a new 52-week low of $2.63. The9's PEG...
Benzinga  Mar 11  Comment 
Wunderilch's Blake Harper is making some waves Monday morning, speculating on several possible takeover targets for Yahoo! (NASDAQ: YHOO). With CEO Marissa Mayer recently on the prowl, Harper believes Yelp (NASDAQ: YELP), Zynga (NASDAQ: ZNGA),...
Benzinga  Mar 5  Comment 
Toward the end of trading trading Tuesday, the Dow traded up 1.02 percent to 14,272.60 while the NASDAQ rose 1.34 percent to 3,224.85. The S&P also rose, gaining 1.06 percent to 1,541.09. Top Headline Shares of J.C. Penney Co (NYSE: JCP)...




 

Millennial Media (NYSE:MM)


Business Overview

New Updates

The company's initial public offering of stock on the NYSE occurred on March 28, 2012. The company offered 10.2M shares each for $13. This was at the high end of the revised price range of $11-$13. The company had originally announced that it would offer within the $9-$11 range. The deal raised a total of approximately $133M. The lead mangers of the deal were Morgan Stanley, Goldman Sachs, and Barclays.[1]

Trends & Forces

  1. Renaissance Capital - IPO Home "Millennial Media prices IPO at $13, the high end of its upwardly revised range" 28 March 2012
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