MeetMe (MEET) Tops Q4 EPS by 3c, Will Acquire if(we) For $60M In Cash
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MeetMe (MEET) Trades to New 2017 Highs, Up 13% AH, Following Q4 EPS Beat, $60M Purchase of if(we)
March 6, 2017 5:06 PM ESTMeetMe (NASDAQ: MEET) shares in focus after-hours, up nearly 12%, touching 2017 highs of $5.50 after reporting Q4 EPS results that topped estimates and announcing the acquisition of 'if' (we) for $60mil in cash. The shares have a 12.5% short-interest
Earlier today, Susquehanna options strategies Alison Edwards noted bullish options activity into tonight's earnings report.
