Where Are Pandora Shares Headed After Spotify's Debut? [MSN Money]
PANDORA MEDIA (P)
Last pandora media earnings: 7/31 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.pandora.com
Company Research
Source: MSN Money
© John Smith Where Are Pandora Shares Headed After Spotify's Debut? Pandora Media shares fell 3.5% on Tuesday following Spotify Technology S.A.'s (SPOT) successful debut on the New York Stock Exchange. Spotify is the world's leading music-streaming service with 71 million paying subscribers, which is about twice as many as its nearest competitor Apple Inc. (AAPL). Pandora is the ninth largest service by subscribers, behind companies such as Amazon.com, Inc. (AMZN) and Alphabet Inc. (GOOGL). Load Error While a better-funded Spotify is concerning, Pandora's $145 million acquisition of AdsWizz should help take the pressure off of quarterly user trends, according to Raymond James analysts. The firm upgraded Pandora stock to a Strong Buy with a price target of $8.00 per share late last month, saying that the AdsWizz acquisition mirrors Google's purchase of DoubleClick in creating a platform that brings publishers and advertisers together to monetize content. (See
Show less
Read more
Impact Snapshot
Event Time:
P
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
P alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
P alerts
High impacting PANDORA MEDIA news events
Weekly update
A roundup of the hottest topics