Pandora Can’t Capitalize On Premium Launch

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Pandora Premium, previously accessible via invite only, is now available to all listeners via the App Store and Google Play or at www.pandora.com/premium.


That didn’t seem to excite investors in the company, as shares in “P” were off 1.6% in trading Tuesday, to $10.56.

Meanwhile, Cumulus Media shares were down another 4.5%, to $0.2470, as the No. 2 radio company by number of stations struggles to get its shares moving toward the all-important $1 threshold.

For a full review of today’s media stocks, please visit the RBR.com homepage and view our Wall Street Report and complete chart.


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