Active Network (ACTV) CEO Landa Resigns; Prelim. Q1 Revs Top Views

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UPDATE: Stifel Nicolaus Downgrades Active Network (ACTV) to Hold

May 1, 2013 11:22 AM EDT

(Updated - May 1, 2013 1:02 PM EDT)

Stifel Nicolaus downgraded Active Network (NYSE: ACTV) from Buy to Hold. The downgrade relates to news the company's CEO Matthew Landa resigned. Analyst George Askew said the change creates strategic and financial uncertainty and may delay... More