Can These Companies Improve Their Long-Term Outlooks? Millennial Media, Inc.(NYSE:MM), Zynga Inc(NASDAQ:ZNGA), and Sirius XM Holdings Inc.(NASDAQ:SIRI)

Posted by Saimoon August 12, 2014 0 Comment 1190 views


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Millennial Media, Inc.(NYSE:MM) lost seven cents during yesterday’s trading, a 2.32% decrease in value that moved the stock to a closing price of $2.95. However, the most noteworthy decline for Millennial Media came during after-hours trading, as the stock has lost twenty-three cents to move to $2.72. The after-hours decline for the Maryland-based mobile advertising solutions company came in response to its second quarter financial results report. Millenial CEO Michael Barrett has publically expressed displeasure with the company’s current position.

How Far Will Millenial Media Fall? Click Here For A Free MM Analysis.

Zynga Inc(NASDAQ:ZNGA) suffered a 1.22% decline in value during yesterday’s trading as the stock lost four cents to close at $2.85. The stock has lost eighty-one cents since it closed for a three month high of $3.66 on May 13th, 2014. The San Francisco-based online social games developer also traded for as little as $2.76 during the day, a mark just six cents above its 52 week low of $2.70. The stock has risen 0.18% during after-hours trading.

What Will It Take For Zynga To Change Its Current Direction? Our Free ZNGA Analysis Is Available Here.

Sirius XM Holdings Inc.(NASDAQ:SIRI) fell two cents during yesterday’s trading to close at $3.42. The 0.44% decrease in value was partially offset by a one cent gain during after-hours trading. It was a rather quiet day for the New York-based satellite radio services provider, as the stock’s trading volume, 23,591,521, was 24,828,879 below its three month average trading volume of 48,420,400. Yesterday, SiriusXM announced that it would be creating a channel featuring the music and personal selections of Pitbull, a famous musician.

Will Pitbull’s Music Channel Boost Sirius XM’s Value? Receive A Free SIRI Analysis.

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