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Thursday, February 22, 2018
Pandora’s improving financials help it recover from a bad day
Pandora tumbled almost 9% on the stock market Wednesday. And then it bounced back over 6% after the day ended. The music streaming business, which has had a terrible past year on the stock market, surprised investors when it revealed a 63% rise in subscription revenue, totaling $97.7 million. Subscribers also jumped 25%, to 5.48 million. Overall revenue was $395 million, beating Wall… Read More
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