Pandora’s stock price is down more than 66 percent from a two-year high even though sales are growing as it moves towad profitability. Is the stock drop warranted?
“Pandora (NYSE: P) is an extremely interesting stock in the current environment. Once a darling of the tech world, it finds itself down over 66% from its two-year high, despite record revenues, and responsible risk mitigation techniques (including diversification, and settling pending litigation).”