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Wednesday, June 15, 2011

Pandora Media Inc. (NYSE:P) IPO Closes at $17.42

By Tim - http://stockstobuy.org


June 15, 2011 - Pandora Media Inc. (NYSE:P) stock closed the first day of trading at $17.42, nearly $9 off it's high of $26. P stock opened at $24, raced to $26, and then made the large decline throughout the trading day. Pandora Media Inc. (P) is an online radio company looking to make it's way into your car. Pandora stock will have resistance located at $18.50-$19.25 during the rest of the week.

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