|Bid||6.87 x 47300|
|Ask||8.38 x 21500|
|Day's Range||7.93 - 8.21|
|52 Week Range||4.09 - 9.98|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 30, 2018 - Aug 3, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.40|
For savvy options traders, that means a bear play on SNAP stock. Technically, SNAP shares are up an impressive 33% from their May lows. The company signed a partnership deal with Pandora Media Inc (NYSE:P) to share playlists and music choices with family and friends on SNAP.
This week, music streaming platform Pandora Media Inc. (NYSE:P) made its way 10% higher after the company announced a new social media partnership with Snap Inc. (NYSE:SNAP). The partnership is a big deal for Pandora stock because it marks the firm’s first big step into social media integration and gives the firm a leg up on competitors with an easy-to-use sharing platform that will direct people to listen through Pandora.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day seven years ago, Pandora Media Inc (NYSE: P ) went public. Where The Market ...
NEW YORK, NY / ACCESSWIRE / June 15, 2018 / Shares of music streaming companies Spotify and Pandora both saw their shares pop in Thursday trading. Spotify headed higher despite getting coverage on the company initiated by Deutsche Bank with a "hold" rating and a price target lower than where shares closed yesterday. Spotify Technology S.A. shares closed up 4.26% yesterday on about 4.3 million shares traded compared to the stock's average trading volume of about 3.3 million shares.
Shares of Pandora Media Inc. are up 2.1% in Thursday morning trading after the company said it has a new partnership with Snapchat parent Snap Inc. . "Soon, Pandora listeners will be able to send their favorite songs to friends and family through unique song cards that celebrate album art on top of an animated background, and receivers will be able to swipe up to listen directly on Pandora," the music-streaming company said in a release. "This integration will expand Pandora's social sharing capabilities by reaching Snapchat's massive audience while enhancing music discovery across both platforms." The feature will soon be available to U.S. users and is part of Snap's new Snap Kit developer platform.
Pandora (NYSE:P), the largest music streaming service in the U.S., today announced that it will team up with Snap Inc. as the music streaming launch partner for Snap Kit, Snap’s new platform for developers.
NEW YORK, NY / ACCESSWIRE / June 12, 2018 / U.S. markets inched higher Monday as investors await details from the upcoming summit between President Donald Trump and North Korean leader Kim Jong Un in Singapore. ...
NEW YORK, June 12, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Southern ...
LONDON, UK / ACCESSWIRE / June 08, 2018 / If you want access to our free earnings report on Pandora Media, Inc. (NYSE: P) ("Pandora"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=P. The Company reported its financial results on May 03, 2018, for the first quarter of the fiscal year 2018, ended March 31, 2018. The Company surpassed analysts’ estimates for earnings and revenues in Q1 FY18.
Atlanta, like many of the other 19 cities still in the running for Amazon’s HQ2 second headquarters, is experiencing a “halo effect,” an attraction from other businesses due to the hype surrounding the Seattle shipping giant’s interest.
Music streaming company Pandora (P) has launched a family version of its premium service for $14.99 per month. An annual subscription of the family version is also available at an annual $164.98 fee, which would save users a month’s subscription fee annually. Pandora is far behind Spotify (SPOT) and Apple (AAPL) Music in terms of paid subscribers, as the graph below shows. Pandora’s new family plan could help it compete with Apple Music and Spotify, which already offer family deals at an identical price.
When it comes to streaming music giant Spotify Technology SA (NYSE:SPOT), there isn’t any shortage of bulls on Wall Street. Pivotal Research is out there with a $200 price target. Canaccord Genuity and MKM Partners also both have $200 price targets on Spotify stock.
Pandora (P) launched Family Plan for Pandora Premium to withstand growing competition from players like Apple Music, Spotify, Google and Amazon.
"It also comes with a twist, which is the Our Soundtrack feature," says Pandora CEO Roger Lynch. The new plan allows Pandora to compete with rivals Apple Music and Spotify. The music business has been a crowded space for a while, said Pandora CEO Roger Lynch.
CBS Corporation (NYSE:CBS) is an awkward position. CBS stock is held captive by the legal maneuvering of the heir to a still-living 95-year-old business magnate, Sumner Redstone. What will become of CBS following its drawn-out fight with the Redstone family’s holding company and the long-running merger talks with Viacom, Inc. (NASDAQ:VIAB)?
Pandora (NYSE:P), the largest streaming music service in the U.S., today announced the launch of its Premium Family Plan that provides all the benefits of ad-free, on-demand music with Premium, for up to six people under one billing account for just $14.99 a month. To go along with this new subscription plan, Pandora is launching the “Our Soundtrack” feature – an auto-generated personalized shared playlist, updated weekly, for each Premium Family Plan. “The Premium Family Plan creates a major opportunity for Pandora to gain new subscribers by giving listeners new ways to enjoy music with the people they love at an affordable price point,” said Roger Lynch, Chief Executive Officer, Pandora.
Pandora (NYSE:P), the largest music streaming service in the U.S., today announced it has completed its acquisition of AdsWizz, the global leader in digital audio advertising technology. “Audio is the fastest growing format in digital advertising and the marketplace is rapidly evolving,” said Pandora CEO Roger Lynch. “We built the AdsWizz platform using innovative technology in service of a simple idea: provide value to all stakeholders in the digital audio ecosystem - including brands, listeners and publishers - with relevant, engaged and highly targeted advertising experiences,” said Alexis van de Wyer, CEO of AdsWizz.
The company announced the extension of some convertible notes on Thursday night, and concerns about dilution likely contributed to the shares’ slide. On Thursday at a B. Riley conference, CFO Naveen Chopra responded to a question about recent statements by Liberty Media (FWONA) CEO Greg Maffei in which he alluded to “synergies” between Pandora Media and bankrupt radio company iHeartMedia, in which Liberty may be interested, as well as other assets—perhaps including Sirius XM (SIRI), which Liberty owns most of and also owns some of Pandora. Maffei, it should be noted, is Pandora’s (P) chairman, and Liberty is a part owner of Pandora.