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Mobile marketing agency Velti (VELT +3.4%), discussed today by SA's Ted Stamas, appears to be...
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Thursday, March 29, 2012, 10:16 AM ETMobile marketing agency Velti (VELT +3.4%), discussed today by SA's Ted Stamas, appears to be getting a lift from Millennial Media's (MM +98%) stellar IPO. Though the companies aren't direct competitors, it's worth noting Velti has a market cap of $892M on 2011 revenue of $189.2M, while Millennial has a market cap of $1.93B on 2011 gross revenue of $103.7M (and lower net revenue).
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