Jumat, 30 Maret 2012

Millennial Media Gain May Spur Mobile-Technology IPOs

While Millennial Media and Annie's scored in their IPOs the past two days, investors weren't nearly as enthused with CafePress, which was flat in its debut Thursday. Abpve.</p

Millennial Media just debuted on the New York Stock Exchange under the symbol "MM," and saw shares pop 97 percent in the first trade of $25.

— Shares of Millennial Media nearly doubled in the mobile advertising company's market debut Thursday. The Baltimore company and its stockholders raised $132.6 million in an initial public offering of 10.

Media more than doubled in value today, hours after the mobile ad firm raised $132.6 million in its initial public offering.

Media more than doubled in value today, hours after the mobile ad firm raised $132.6 million in its initial public offering.

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