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Strength Seen in MeetMe (MEET): Stock Up 9% in Session

MeetMe, Inc.MEET was a big mover last session, as the company saw its shares nearly 9% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This continues the recent trend for the company as the stock is now up 75% in the past one-month time frame.

This Internet services firm witnessed one positive estimate revision over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for MeetMe. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.

MeetMe sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.

Investors interested in the space may also consider Facebook, Inc. FB , also carrying a Zacks Rank #1.

Is MEET going up? Or down? Predict to see what others think: Up or Down

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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