Pandora’s Stock Dives After Positive Q3 Report

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On October 22, Pandora (NYSE: P) had good news and bad news to share. The good news – revenue was up 30% or more in every category, and the number of listeners and listener hours were up slightly over the same period last year. The bad news – Pandora missed its revenue projection by $1.4 million, driving down stock prices by 20% by the end of the day, a loss of $85.9 million, according to…

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