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Pandora: Sing a song of slumping shares

Friday, August 23, 2013 | More »

Pandora
Internet radio service Pandora Media Inc said on Thursday that rising expenditures to acquire music and expand its sales force would push fiscal 2014 earnings below analyst expectations, and its shares slumped 5 per cent. The company also backtracked on a 40-hour monthly limit on free music streamin...