Sunday, June 19, 2011

Pandora Pop Is Gone Day After IPO

After popping 60 percent yesterday in the first day of trading, shares of streaming music company Pandora are back to around $15 to $17 per share in morning trading. Pandora was priced at $16 per share on Tuesday evening, but opened at $20 and closes at $17.42 yesterday afternoon. Today, Pandora opened at $16.99 and dropped as low as $15.52 in morning trading. For basis of comparison, LinkedIn's IPO popped by 100 percent on its first day of trading, and has also settled below its opening trade of $83. LinkedIn is currently trading at $72 per share.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/0NH1TvfaO2A/

david arquette jerry springer bbb michael j fox forever 21 ghost hunters incubus

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.