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Pandora stock IPO soars
June 15, 2011 11:42 AM
NEW YORK (AP) - The shares of popular but unprofitable Internet radio service Pandora soared more than 50 percent in its market debut. Its shares rose as high as $26 in early trading on Wednesday, up from its offering price of $16 and valuing Pandora Media Inc. at more than... more » -
Pandora sings a happy tune for IPO
June 14, 2011 9:14 PM
SAN FRANCISCO (AP) - Pandora Media sold its initial public offering of stock at $16 per share Tuesday. That's double what the popular but unprofitable Internet radio service expected less than two weeks ago. The IPO's completion sets the stage for Pandora to make its stock market debut Wednesday... more »
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