Millennial Media Plunges Because of a Bad Management Decision

Millennial Media Plunges Because of a Bad Management Decision

By: Latest Articles from Benzinga.com

Posted on February 21, 2013 at 09:25 AM EST

Shares of Millennial Media (NYSE: MM ) plunged more than 37 percent on Wednesday after trading 16.8 million shares—twice the normal volume. Millennial Media is in the mobile business—a battleground industry that market watchers and companies from Silicon Valley startup to Google (NASDAQ: GOOG ) and Facebook (NASDAQ:

Related Stocks:

FACEBOOK-A Google, Inc. Millennial Media NewStar Financial, Inc.

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