Why Pandora Media Inc. Shares Poppedhttp://www.fool.com/investing/general/2014/01/06/why-pandora-media-inc-shares-popped.aspx Steve Symington
January 6, 2014
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Pandora Media Inc. (NYSE: P) jumped more than 14% Monday after the Internet radio specialist both released December audience metrics and announced a new automotive advertising campaign.
So what: First, Pandora says active listeners and listener hours for December each rose 13% year-over-year to a record 76.2 million an