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December 16, 2015 10:40 pm GMT
Music listening service Pandora saw a dramatic dip and then a dramatic 22% spike in after-hours trading Wednesday, as investors were reading the tea leaves and then learned of theroyalty rate decision. Investors had been waiting all year for the Copyright Royalty Board’s decision, which determines how much Pandora and other digitalradio services, including iHeartRadio, will be… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/sDStPQQNGu0/
Why Pandora Shares Are Going Crazy
Music listening service Pandora saw a dramatic dip and then a dramatic 22% spike in after-hours trading Wednesday, as investors were reading the tea leaves and then learned of theroyalty rate decision. Investors had been waiting all year for the Copyright Royalty Board’s decision, which determines how much Pandora and other digitalradio services, including iHeartRadio, will be… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/sDStPQQNGu0/
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