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Pandora Media (P) Jumps: Stock Rises 10.3% - Tale of the Tape

Pandora Media, Inc. ( P ) was a big mover last session, as the company saw its shares rise over 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $24.54 to $26.38 since Jul 25, 2014.

The company has seen seven negative estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Pandora Media currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Some better-ranked stocks in the Internet Services industry include Inuvo, Inc. ( INUV ), Baidu, Inc. ( BIDU ) and Facebook, Inc. ( FB ). While Inuvo sports a Zacks Rank #1 (Strong Buy), Baidu and Facebook have a Zacks Rank #2 (Buy).

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PANDORA MEDIA (P): Free Stock Analysis Report

INUVO INC (INUV): Free Stock Analysis Report

BAIDU INC (BIDU): Free Stock Analysis Report

FACEBOOK INC-A (FB): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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