Massive IPO for Millennial Media – MM stock

Millennial Media, the mobile ad network, has its IPO yesterday.

The starting price for the stock was $13 and it went up to $28 at its peak and is now around $25.

The valuation of Millennial Media is now around $2 billion and makes it the second largest mobile ad network!

If you want to follow the stock, the company is listed on the NYSE under the MM ticker.