Millennial Media, Inc. (NYSE:MM) is down 7.32% today at $23.17. MM has traded 1.3 million shares so far today. Millennial Media launched its IPO yesterday and shares more than doubled as it prices its 10.2 million shares at $13 each. The company has a market value of nearly $2 billion.
InvenSense, Inc. (NYSE:INVN) is down 6.28% this morning at $18.37. INVN has traded 2 million shares so far today, 500 thousand shares more than its daily average. InvenSense was downgraded by Oppenheimer to perform from outperform. The company has a market cap of 1.45 billion. [Read more...]