Millennial Media Inc. (NYSE: MM) widened first quarter losses to 12 cents per share from 5 cents per share in the year ago period, forecast current quarter revenue below analyst estimates and announced the departure of chief financial officer Michael Avon sending the stock price tumbling $1.98 to $3.37.
Millenial Media Widens Losses
May 08, 2014 at 13:32 PM EDT