MeetMe Announces Exercise in Full of Underwriters' Over-Allotment Option
Business Wire - Fri Aug 01, 11:05AM CDT
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, today announced that it has closed on the public offering of an additional 750,000 shares of its common stock at an offering price of $2.00 per share as a result of the exercise in full of the underwriters' over-allotment option. The total gross proceeds of the offering, including the exercise in full of the over-allotment option, were $11.5 million from the sale of a total of 5,750,000 common shares. MeetMe estimates net proceeds from the offering to be approximately $10.5 million after deducting underwriting discounts and estimated offering expenses. MeetMe intends to use the net proceeds from the proposed offering for general working capital purposes.
MeetMe to Ring the NASDAQ Stock Market Opening Bell
Business Wire - Thu Jul 31, 8:00AM CDT
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, will ring the Opening Bell at The NASDAQ Stock Market on Tuesday, August 5, 2014. The bell ringing will take place at the NASDAQ MarketSite in New York City's Times Square.
MeetMe to Present at the 2014 Needham Interconnect Conference
Business Wire - Wed Jul 30, 8:01AM CDT
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, announced today its participation in the Needham Interconnect Conference at The Westin New York Grand Central Hotel on Tuesday, August 5, 2014 at 3:00 p.m. Eastern Time.
MeetMe Engages MKR Group for Investor Relations
Business Wire - Tue Jul 29, 3:05PM CDT
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, today announced that is has engaged MKR Group, Inc. as its investor relations advisor. MKR Group will assist in providing a proactive investor relations program with the goal of raising MeetMe's exposure within the investment community and enhancing shareholder value by effectively communicating the Company's growth opportunities and objectives.
CORRECTING and REPLACING MeetMe Sets Second Quarter 2014 Conference Call for Monday, August 4, at 11:30 a.m. Eastern Time
Business Wire - Tue Jul 29, 2:05PM CDT
In the "When" section, the conference call time should read 8:30 a.m. PT (instead of 7:30 a.m. PT). In the "Webcast" section, the website name and URL should read MeetMe's website at http://www.meetme.com/.
Why MeetMe (MEET) Stock Is Gaining Today
at The Street - Tue Jul 29, 1:55PM CDT
MeetMe (MEET) is gaining Tuesday after announcing a new mobile traffic milestone.
MeetMe Sets Second Quarter 2014 Conference Call for Monday, August 4 at 11:30 a.m. Eastern Time
Business Wire - Tue Jul 29, 11:10AM CDT
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, today announced that management will host a conference call on Monday, August 4, 2014 at 11:30 a.m. ET to discuss details and answer questions about the company's financial results for the second quarter ended June 30, 2014.
MeetMe Achieves New Mobile Traffic Record of One Million Daily Active Users
Business Wire - Tue Jul 29, 8:00AM CDT
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, set new records on Monday of this week for the number of daily active users (DAU) on mobile. For the first time in MeetMe's history, more than one million unique mobile users logged in on a single day.
Why MeetMe (MEET) Stock Is Falling Today
at The Street - Wed Jul 23, 10:34AM CDT
MeetMe (MEET) is falling Wednesday after pricing a 5 million share public offering.
MeetMe Prices $10 Million Public Offering of Common Stock
Business Wire - Wed Jul 23, 8:17AM CDT
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, today announced that is has priced an underwritten public offering of 5,000,000 shares of its common stock at an offering price of $2.00 per share, for gross proceeds of approximately $10,000,000. MeetMe has also granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock to cover over allotments, if any. The offering is expected to close on July 28, 2014, subject to satisfaction of customary closing conditions.
MeetMe Announces Expected Second Quarter 2014 Results
Business Wire - Tue Jul 22, 4:38PM CDT
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, today announced that its second quarter revenue is estimated to be $10.7 million, an increase of 12% as compared to $9.5 million for its second fiscal quarter ended June 30, 2013. The estimated increase in revenue compared to the corresponding period in 2013 is primarily due to increased mobile revenue. Mobile revenue is estimated to be $5.6 million, an increase of 114% as compared to $2.6 million for its second fiscal quarter ended June 30, 2013. The estimated increase in mobile revenue compared to the corresponding period in 2013 is primarily due to higher advertising revenue.
MeetMe Announces Proposed Public Offering of Common Stock
Business Wire - Tue Jul 22, 4:36PM CDT
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, today announced its intention to offer shares of its common stock in an underwritten public offering. MeetMe expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering to cover overallotments, if any. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
MeetMe Launches New Friend & Match Notifications in Chat
Business Wire - Tue Jul 01, 8:00AM CDT
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, has enhanced the Chat experience in its MeetMe mobile applications by integrating notifications of new friends and new matches directly into user-to-user conversations. The company believes this upgrade will lead to more chat activity by reducing friction involved in starting a conversation when new connections are made on the MeetMe platform.
Internet Software and Services Stocks Technical Insight -- Research on SouFun Holdings, Yelp, MeetMe, and YY Inc.
PR Newswire - Mon Jun 30, 6:00AM CDT
On Friday, June 27, 2014, the NASDAQ Composite ended at 4,397.93, up 0.43%, the Dow Jones Industrial Average advanced 0.03%, to finish the day at 16,851.84, and the S&P 500 closed at 1,960.96, up 0.19%. The gains were broad based as seven out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 631.47, up 0.59%, with the index also advancing 5.89% in the previous three months. Investor-Edge has initiated coverage on the following equities: SouFun Holdings Ltd (NYSE: SFUN), Yelp Inc. (NYSE: YELP), MeetMe Inc. (NASDAQ: MEET) and YY Inc. (NASDAQ: YY). Free technical research on SFUN, YELP, MEET and YY can be downloaded upon signing up at:
Why MeetMe (MEET) Stock Is Up Today
at The Street - Tue Jun 24, 9:40AM CDT
MeetMe (MEET) is gaining Tuesday after announcing a new daily chat milestone.
MeetMe Achieves New Milestone of 15 Million Chats in One Day
Business Wire - Tue Jun 24, 8:01AM CDT
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, announced today that it set a new daily record for the number of user-to-user chats sent on Monday of this week. For the first time in MeetMe's history, more than 15 million chats were sent on a single day.
This Week's 5 Smartest Stock Moves
Rick Munarriz, The Motley Fool - Motley Fool - Fri Jun 20, 6:33PM CDT
If you're feeling good about the market, you're not alone. Take my hand as we go over some of this week's more uplifting headlines. 1. Rays of hope SolarCity moved higher after it made a deal to broaden its operations. The solar panel...
Why MeetMe (MEET) Stock Is Soaring This Morning
at The Street - Wed Jun 18, 9:09AM CDT
MeetMe (MEET) stock is gaining in early trading after being initiated with a 'buy' rating at Wunderlich Securities.
MeetMe to Participate in Oppenheimer's Bi-Annual NY Internet Investor Day
Business Wire - Mon Jun 16, 3:01PM CDT
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, today announced that the Company has been invited to participate in the Oppenheimer Bi-Annual NY Internet Investor Day. This conference will be held at the Grand Hyatt in New York, NY on Wednesday, June 18, 2014.