Scalper1 News
Saying that Pandora Media faces “meaningful risk” that upcoming negotiations to set performance fees may not go the company’s way, investment bank FBR Capital Markets handed the No. 1 Web radio streaming firm a ratings downgrade and price target cut on Tuesday. Pandora Media (P) stock was near 19, down more than 3%, in afternoon trading on the stock market today. Pandora stock is down 54% from its all-time high of 40.44 attained in March. With Scalper1 News
Scalper1 News