Friday, August 26, 2011
The planet pandora Stock Jumps After Quarterly Results
NEW You are able to - The planet pandora Media, the internet radio provider that went public in June, saw its stock increase in early Friday buying and selling after quarterly financials late Thursday came an optimistic review. By 10:15am ET, The planet pandora's stock was up 7.6 percent at $13.42, giving the organization a market price of $2.1 billion after earlier being up 8 percent. The shares have exchanged between $11 earlier this year after market decline and $26 at the time of the organization's stock exchange debut in mid-June. In the first earnings report like a public company, The planet pandora late Thursday stated its fiscal second-quarter loss came to $1.8 million on revenue that increased 117 percent to $67 million. Email: Georg.Szalai@thr.com Twitter: @georgszalai Related Subjects
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