Shares of MeetMe Inc. (NasdaqCM:MEET) were up 7.53% in mid-day trading Monday.
I hope you're on board because the company's product is one of the hottest millennial apps around. Users are decidedly concentrated between the ages of 18-34 which means they're aggressive, monetizable, and of course, mobile.
The company released data Monday showing that its mobile CPMs increased 14% year-over-year for the month of November. At the same time, the company reiterated Q4 and full year 2016 guidance.