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Pandora (P) -2.7% AH and Velti (VELT) -3.4% in response to mobile display ad network owner...

Pandora (P) -2.7% AH and Velti (VELT) -3.4% in response to mobile display ad network owner Millennial Media's Q4 revenue miss and light top-line guidance. Pandora received 62% of its FQ3 revenue from mobile, but its mobile ad rates are still well below its PC ad rates; the company's FQ4 report should arrive in early March. Velti's Q4 report is also expected in the coming weeks.
Comments (1)
  • I am an individual investor who is long VELT.
    19 Feb 2013, 05:39 PM Reply Like
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