pandora nyse

Show's over: Pandora skids in second day of trading

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 ups IPO price, valued nearly $2B

Online radio station Pandora increased the share price for its initial public offering today, bringing the company’s valuation to nearly $2 billion, according to a recent filing with the Securities and Exchange Commission.

Online radio Pandora claims valuation of $1.3B

Online radio station Pandora has priced its shares between $7 and $9 in its upcoming initial public offering on the New York Stock Exchange (NYSE) — giving the cloud music company a valuation of nearly $1.3 billion, according to an updated S-1 filing with the Securities and Exchange Commission.

Spotify CEO: Still no date on U.S. launch

Daniel Ek, CEO and cofounder of online music-streaming service Spotify, has 750,000 paying subscribers, up from 320,000 in March. It now has more subscribers than any other similar service in the world, he said.

Grooveshark free-music service pulled from Apple’s App Store

Just 10 days after its release, the iPhone app of music-streaming service Grooveshark has been pulled from Apple’s App Store due to a complaint received from the British arm of Universal Music Group, the app’s maker said in a blog post Tuesday.