Friday 30 March 2012

Millennial Media Gain May Spur Mobile-Technology IPOs

Shares of Millennial Media doubled in the mobile advertising company's market debut Thursday, as the IPO market heats up this spring. Millennial's quick ascent follows pasta maker Annie Inc.'s splash Wednesday. Shares jumped 89 percent in Annie's debutPOP: Millennial Media doubles stock price in IPO debut. After picking a $13 IPO price, mobile ad company Millennial jumps to $26 in early trading on NYSE by Krystal Peak on March 29, 2012.Shares of Millennial Media doubled in

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