Upmove started in Millennial Media Inc. (NYSE:MM), Aeropostale, Inc (NYSE:ARO)

Posted by Kristi Scott May 16, 2013 0 Comment 1208 views


Millennial Media, Inc. (NYSE:MM) closed up by 4.15% at $8.29 in the Wednesday’s trading session. The share price of Millennial hit a high of $8.64 and a low of $8.00 during the day, after opening at $8.00. The market capitalization of the stock is $657.12 million. The earnings per share is flat by $0.00 reflecting that the company is unable to generate profits in its business operations the EPS declined by 56.41% during the year. The EPS estimates for the next year is $0.42, a wider gain for the company. The quarter on quarter growth in the company’s sales is 67.80% whereas the EPS growth quarter on quarter is positive of 1862.30%. The stock has posted a year to date performance of -36.47%.

The company has of late launched a new office in Tokyo in order to expand its operations in Japanese market.

Aeropostale, Inc (NYSE:ARO) closed up by $4.16 at $16.02 in the Wednesday’s trading session. The share price of Aeropostale hit a high of $16.69 and a low of $15.77 during the day, after opening at $15.77. The market capitalization of the stock is $1.26 billion. The earnings per share is positive of $0.43 reflecting that the company is able to generate profits in its business operations the EPS declined by 48.94% during the year. The EPS estimates for the next year is $0.73, a wider gain for the company, and for the coming quarter the EPS is expected to be -$0.16. The quarter on quarter decline in the company’s sales is 1.32% whereas the EPS growth quarter on quarter is negative of 102.68%. The stock has posted a year to date performance of 18.22%.

Capital Markets has upgraded the stock from “Market Perform” to “Outperform” from. It was downgraded from “buy” to “hold” rating at Standpoint Research. Brean Capital LLC has downgraded the stock to “Sell” from “Hold


About Kristi Scott

Kristi Scott joined GDP Insider in 2005 as a Wall Street reporter for the Business and Market section. Kristi covers the stock market, financial markets and personal finance. Her awards have come from the National Federation of Professional Writers, the Ohio Newspaper Association, the Cleveland Press Club, the Society of Professional Journalists and Suburban Newspapers of America. Kristi was named SNA's national Journalist of the Year

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