Notable Stocks: Millennial Media, ACADIA Pharmaceuticals Inc, Rentech, Sony Corporation

Dallas, TX -- (SBWIRE) -- 03/13/2013 -- Marketbuzzreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Millennial Media, Inc. (NYSE:MM) decreased 3.63% and closed at $11.67 on a traded volume of 1.99 million shares. Needham initiated with a hold rating on Millennial Media. Millennial Media, Inc. is a mobile advertising platform company. Millennial Media technology, tools and services help developers maximize their advertising revenue.

Get Latest News, Updates on MM Here

ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) went down 2.62% and closed at $6.31 on a traded volume of 1.13 million shares. The Company reported net loss of $6.8 million or $0.11 per common share for the fourth quarter of 2012 compared to net loss of $5.3 million or $0.10 per common share in the fourth quarter of 2011. For the year ended December 31, 2012, ACADIA reported a net loss of $20.8 million, or $0.38 per common share, compared to a net loss of $22.8 million, or $0.44 per common share, for 2011. At December 31, 2012, ACADIA’s cash, cash equivalents, and investment securities totaled $108.0 million compared to $31.0 million at December 31, 2011.

Is ACAD a Strong Buying Opportunity After The Recent Slump? Find out Here

Rentech, Inc. (NYSEAMEX: RTK) slipped 2.60% and closed at $2.62 on a traded volume of 2.14 million shares. In the last one year, the stock is up over 41%. The 52-week range for the stock is $1.60 and $3.18. The Company owns and operates a nitrogen fertilizer plant in East Dubuque, Illinois, that manufactures and sells natural gas-based nitrogen fertilizer products within the corn-belt region in the United States.

Is RTK Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

Sony Corporation (ADR) (NYSE:SNE) declined 2.57% and closed at $15.55 on a traded volume of 8.80 million shares. Sony Corporation has dropped the prices of its PS Vita in Japan to $212, due to lukewarm sales. Sony Stores across the US have dropped prices and in many cases are offering the PS Vita 3G.

Is SNE Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

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