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MEET

Meet Group

$1.94

0.02 (1.04%)

08:03
04/09/18
04/09
08:03
04/09/18
08:03

Meet Group announces rollout of Tagged livestreaming on shared video platform

The Meet Group provided an update on its livestreaming video rollout and key video operating results. "We see momentum in video building," said Geoff Cook, CEO of The Meet Group. "We have begun the rollout of Tagged livestreaming on our shared video platform, and we expect to launch enhanced video monetization on Tagged next month. Additionally, we are ahead of schedule with our plans to bring live video to Lovoo, and we now expect to begin rolling out the feature in a phased approach starting in May. "What's more, we have been setting new all-time highs related to video engagement and monetization across The Meet Group's portfolio: The number of monetizing users continues to increase on MeetMe and Skout. In particular, the number of paid gifters increased 36% in March over February. Gifters buy virtual gifts for livestreamers. Video users as a share of mobile daily active users on MeetMe exceeded 25% for the first time ever last week. Total broadcast time across our shared video platform exceeded 4 million minutes for the first time this week, and total streaming time exceeded 10 million minutes.

MEET Meet Group
$1.94

0.02 (1.04%)

11/09/17
JMPS
11/09/17
DOWNGRADE
JMPS
Market Perform
Meet Group downgraded to Market Perform from Outperform at JMP Securities
11/09/17
11/09/17
DOWNGRADE

Market Perform
Meet Group downgraded to Market Perform at JMP Securities
As previously reported, JMP Securities analyst Andrew Boone downgraded Meet Group to Market Perform from Outperform after the company gave lower than expected Q4 revenue guidance and cut its full-year revenue view as he believes ad pricing pressure could be a persistent headwind into 2018. Meet Group was also downgraded to Hold at Canaccord this morning.
11/09/17
ADAM
11/09/17
DOWNGRADE
Target $4
ADAM
Hold
Meet Group downgraded to Hold at Canaccord
As reported previously, Canaccord analyst Michael Graham downgraded Meet Group to Hold from Buy. The analyst said the downgrade reflects the lowered Q4 guidance and the pressure from declining CPM's in the organic advertising business. Graham lowered his price target to $4 from $10 on Meet Group shares.
11/09/17
11/09/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Snap (SNAP) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Brian Nowak noting that Instagram (FB) competition is only increasing while the company's pending app redesign creates further engagement and execution risks. 2. Square (SQ) downgraded to Neutral from Buy at Citi with analyst Peter Christiansen citing expectations the shares will take a pause following the "strong" third quarter results. 3. Sunoco (SUN) downgraded to Underweight from Neutral at MUFG with analyst Barrett Blaschke citing valuation following the company's third quarter results. 4. Meet Group (MEET) was downgraded to Market Perform from Outperform at JMP Securities and to Hold from Buy at Canaccord. 5. PFSweb (PFSW) was downgraded to Hold from Buy at Craig-Hallum and Canaccord. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

PGR

Progressive

$62.30

0.34 (0.55%)

08:48
08/15/18
08/15
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08:48
Earnings
Progressive reports July EPS 68c vs. 34c last year »

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TPIC

TPI Composites

$26.15

-0.09 (-0.34%)

08:48
08/15/18
08/15
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Conference/Events
TPI Composites management to meet with Craig Hallum »

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SYF

Synchrony

$30.01

0.81 (2.77%)

08:47
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Synchrony reports July charge off rate 5.01% vs. 4.73% last month »

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CREE

Cree

$50.17

-0.11 (-0.22%)

, ZTCOY

ZTE Corp.

$0.00

(0.00%)

08:46
08/15/18
08/15
08:46
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08:46
Recommendations
Cree, ZTE Corp. analyst commentary  »

Cree organic growth above…

CREE

Cree

$50.17

-0.11 (-0.22%)

ZTCOY

ZTE Corp.

$0.00

(0.00%)

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DRYS

DryShips

$4.60

-0.05 (-1.08%)

08:46
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Hot Stocks
DryShips announces sale of Panamax drybulk carrier »

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08:46
08/15/18
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Conference/Events
The Washington Journal holds a discussion on NAFTA renegotiations & trade policy »

Public Citizen Global…

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General news
U.S. retail sales rose 0.5% in July, with the ex-auto component up 0.6% »

U.S. retail sales rose…

HMNY

Helios and Matheson

$0.05

0.0001 (0.20%)

, ASHR

X-trackers Harvest CSI 300

$24.87

(0.00%)

08:45
08/15/18
08/15
08:45
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08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

HMNY

Helios and Matheson

$0.05

0.0001 (0.20%)

ASHR

X-trackers Harvest CSI 300

$24.87

(0.00%)

JNK

SPDR Barclays High Yield Bond

$35.86

0.065 (0.18%)

IRBT

iRobot

$87.83

1.72 (2.00%)

ENB

Enbridge

$35.51

0.3108 (0.88%)

WLL

Whiting Petroleum

$48.18

1.73 (3.72%)

HEAR

Turtle Beach

$26.80

-1.15 (-4.11%)

AMJ

American Medical Laboratories Inc

$29.11

0.2 (0.69%)

UCO

Universal Compression

$29.37

-0.06 (-0.20%)

GOGO

Gogo

$4.42

0.05 (1.14%)

03/08/13
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  • 19

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  • 04

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  • 06

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  • 13

    Sep

08:45
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08/15
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General news
FX Action: The dollar »

FX Action: The dollar…

08:45
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General news
U.S. Empire State manufacturing index bounced 3 points to 25.6 in August »

U.S. Empire State…

08:42
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08/15
08:42
08/15/18
08:42
Conference/Events
RBC Capital to hold a conference »

Consumer Investor Day…

08:41
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Conference/Events
Stephens to hold a field trip »

Building Products…

BKH

Black Hills

$60.23

0.235 (0.39%)

, GGG

Graco

$46.02

0.025 (0.05%)

08:40
08/15/18
08/15
08:40
08/15/18
08:40
Conference/Events
CFA Society of Minnesota to hold a conference »

7th Annual Investor…

BKH

Black Hills

$60.23

0.235 (0.39%)

GGG

Graco

$46.02

0.025 (0.05%)

CLFD

Clearfield

$13.05

0.35 (2.76%)

CYBE

Cyberoptics

$19.25

0.05 (0.26%)

CHRW

C.H. Robinson

$93.98

0.02 (0.02%)

DAKT

Daktronics

$8.43

0.02 (0.24%)

CBZ

CBIZ

$22.93

0.275 (1.21%)

DGII

Digi International

$12.95

-0.025 (-0.19%)

PII

Polaris Industries

$107.72

0.42 (0.39%)

ASV

ASV Holdings

$6.28

-0.27 (-4.12%)

ALE

Allete

$77.99

0.97 (1.26%)

DOC

Physicians Realty Trust

$16.83

0.22 (1.32%)

APOG

Apogee Enterprises

$49.74

0.55 (1.12%)

MOS

Mosaic

$30.63

0.25 (0.82%)

DCI

Donaldson

$47.69

0.88 (1.88%)

SRDX

Surmodics

$73.05

2.1 (2.96%)

03/08/13
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SHLX

Shell Midstream

$22.73

0.35 (1.56%)

08:39
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Shell Midstream joint venture Zydeco announces binding open season »

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KMG

KMG Chemicals

$66.78

0.1 (0.15%)

08:37
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Hot Stocks
Breaking Hot Stocks news story on KMG Chemicals »

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LULU

Lululemon

$129.47

-0.67 (-0.51%)

08:36
08/15/18
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08:36
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08:36
Recommendations
Lululemon analyst commentary  »

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  • 12

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IDXG

Interpace Diagnostics

$1.03

-0.01 (-0.96%)

08:36
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Hot Stocks
Interpace Diagnostics acquires assets of Rosetta Genomics out of bankruptcy »

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HD

Home Depot

$193.08

-1.03 (-0.53%)

08:34
08/15/18
08/15
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08:34
Recommendations
Home Depot analyst commentary  »

Stifel sees 'no…

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CVM

CEL-SCI

$1.03

(0.00%)

08:33
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08/15
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08:33
Hot Stocks
CEL-SCI says IDMC recommends continuation of Phase 3 head and neck cancer study »

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08:33
08/15/18
08/15
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General news
Empire State Mfg Survey General Business Conditions Index data reported »

August Empire State Mfg…

CE

Celanese

$116.73

0.7 (0.60%)

08:32
08/15/18
08/15
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08:32
Hot Stocks
Celanese granted four new patents for Sunett sweetner »

Celanese Corporation…

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  • 05

    Sep

CYTX

Cytori Therapeutics

$0.40

0.015 (3.95%)

08:32
08/15/18
08/15
08:32
08/15/18
08:32
Downgrade
Cytori Therapeutics rating change  »

Cytori Therapeutics…

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KMG

KMG Chemicals

$66.78

0.1 (0.15%)

, CCMP

Cabot Microelectronics

$121.32

0.1 (0.08%)

08:31
08/15/18
08/15
08:31
08/15/18
08:31
Conference/Events
Cabot Microelectronics to hold a conference call »

Conference call to…

KMG

KMG Chemicals

$66.78

0.1 (0.15%)

CCMP

Cabot Microelectronics

$121.32

0.1 (0.08%)

03/08/13
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  • 21

    Aug

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  • 11

    Sep

TPR

Tapestry

$53.12

5.7 (12.02%)

08:31
08/15/18
08/15
08:31
08/15/18
08:31
Recommendations
Tapestry analyst commentary  »

Tapestry price target…

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  • 12

    Sep

CCMP

Cabot Microelectronics

$121.32

0.1 (0.08%)

, KMG

KMG Chemicals

$66.78

0.1 (0.15%)

08:30
08/15/18
08/15
08:30
08/15/18
08:30
Hot Stocks
Cabot Microelectronics to acquire KMG Chemicals for $1.6B »

Cabot Microelectronics…

CCMP

Cabot Microelectronics

$121.32

0.1 (0.08%)

KMG

KMG Chemicals

$66.78

0.1 (0.15%)

03/08/13
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  • 21

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