European music streaming service Spotify will launch in the United States on Thursday.
European streaming music startup Spotify is finally about to open its service to people in the United States.
Share prices of online radio service Pandora skidded in its second day of public trading on the New York Stock Exchange (NYSE), falling nearly 25 percent from its closing price on Wednesday. Shares are now trading at a price below the company’s initial public offering price of $16.
Pandora’s trading debut on the New York Stock Exchange (NYSE) went well, but it wasn’t met with the same fanfare that greeted LinkedIn, a business social network went public in May.
Pandora will begin trading publicly on the New York Stock Exchange (NYSE) Wednesday at an initial public offering price of around $16, giving the company an initial valuation of $2.6 billion.