Is “Doomed to Fail” A Proper Description For Millennial Media, Inc.(NYSE:MM), Idera Pharmaceuticals Inc(NASDAQ:IDRA), and Bioelectronics Corp(OTCMKTS:BIEL)?
New York, NY – GDP INSIDER – 11/05/2014.
This article discusses three companies: Millennial Media, Inc.(NYSE:MM), Idera Pharmaceuticals Inc(NASDAQ:IDRA), and Bioelectronics Corp(OTCMKTS:BIEL)
Millennial Media, Inc.(NYSE:MM)is currently facing a class action lawsuit for misstating or failing to disclose material adverse facts related to the company’s products and outlook.The company has traded within a range of $1.56 to $8.44 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $1.86. Millennial Media will be releasing its next earnings report on Nov. 6th, 2014. The company has a market capitalization of $202.11 million.
Idera Pharmaceuticals Inc(NASDAQ:IDRA) also plans to report its third quarter financial results later this week, but will do so on Nov. 7th, 2014. Additionally, the company will be hosting a conference call and live webcast to discuss the results and Idera’s recent business activities on Nov. 7th, 2014. The company has traded within a range of $1.65 to $6.87 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $2.44.
Bioelectronics Corp(OTCMKTS:BIEL) is a Maryland-based company that develops and markets topical pain medical devices. Its products include the ActiPatch therapy for over-the-counter treatment of back pain, RecoveryRX for chronic and post-operative wound care, and HealFast for muscle and tendon injuries. Bioelectronics Corp. released updated results for its “Try It and Tell Us” 7-day ActiPatch sample program on Oct. 27th, 2014. The company had a trading volume of 21.44 million yesterday.
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