Boston, MA -- (SBWIRE) -- 08/19/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Millennial Media, Inc.(NYSE:MM), Sarepta Therapeutics Inc (NASDAQ:SRPT), Northstar Realty Finance Corp. (NYSE:NRF), Key Energy Services, Inc. (NYSE:KEG)
Millennial Media, Inc.(NYSE:MM) shares increased 4.21% to $6.93. The company agreed to acquire Jumptap Inc. for about $225 million in stock, scooping up a competitor in the market for mobile-device advertising. Jumptap investors will get about 24.6 million Millennial Media shares, based on their Aug. 9 price.
Additionally, the company on August 12 reported financial results for the second quarter ended June 30, 2013. For the second quarter of 2013, net income (loss), on a GAAP basis, was $(3.1) million, compared to net income (loss) of $(2.2) million for the second quarter of 2012. For the second quarter of 2013, on a GAAP basis, basic and diluted net income (loss) per share attributable to common stockholders was $(0.04), compared to basic and diluted net income (loss) per share attributable to common stockholders of $(0.03) for the second quarter of 2012.
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Sarepta Therapeutics Inc (NASDAQ:SRPT) shares gained 3.25% to $33.08. The company on August 8 announced the first peer-reviewed publication of the 48-week results from the Phase IIb clinical study of eteplirsen in the Annals of Neurology. Eteplirsen is an investigational medicine in development for the treatment of patients with Duchenne muscular dystrophy (DMD) who have a genotype amenable to skipping of exon 51.
Additionally, the company on August 8 reported financial results for the three months and six months ended June 30, 2013, and provided an update of recent corporate developments. For the second quarter of 2013, Sarepta reported a Non-GAAP net loss of $14.6 million, or $0.46 per share, compared to a Non-GAAP net loss of $5.0 million for the second quarter of 2012, or $0.22 per share.
How Should Investors Trade SRPT After The Recent Volatility? Get Free Report Here
Northstar Realty Finance Corp. (NYSE:NRF) shares decreased 1.12% to $8.85. The company, on August 16, announced that NorthStar Real Estate Income Trust, Inc. ("NorthStar Income"), its first sponsored non-traded REIT, successfully priced a $531.5 million non-recourse, floating-rate CMBS transaction at a weighted average coupon of LIBOR + 2.68%. The CMBS transaction will initially be collateralized by $425.2 million of commercial real estate loans with the flexibility to contribute up to $106.3 million of additional commercial real estate loans within six months of closing. A total of $382.7 million of investment grade bonds will be issued, representing an advance rate of approximately 72%. The CMBS transaction is expected to close by the end of August.
Is NRF A Good Buy After The Recent Price Movement? Find Out Here
Key Energy Services, Inc. (NYSE:KEG) shares declined 2.50% to $6.63. The company on July 25 said it generated second quarter 2013 consolidated revenues of $411.4 million and normalized pre-tax income from continuing operations of $2.2 million, or $0.01 per share. Normalized pre-tax income from continuing operations excludes $8.3 million, or $0.04 per share, of severance and restructuring costs. On a GAAP basis, the second quarter 2013 net loss from continuing operations was $4.1 million, or $0.03 per share. Both GAAP and normalized results include $2.3 million of pre-tax equipment mobilization costs associated with international operations.
Is KEG A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
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