Pandora Stock Falls, Q1 Active Listeners Down Vs. Q4

By | April 25, 2014

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Pandora (P) stock plunged Friday after the music streaming service said late Thursday that it added fewer active listeners than expected in Q1 and saw that number fall from the previous quarter. Pandora’s shares were down nearly 16% in afternoon trading in the stock market today, near 23.75, a six-month low. Pandora stock touched an all-time high of 40.44 on March 5. The company reported Q1 revenue and EPS above expectations, but Pandora’s Q1 Scalper1 News

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