• yesterday As the latest entrant in the “there’s a new tech bubble” contest, Pandora had an IPO that leaped fairly high above its $16 starting value. Not bad for a company that isn’t profitable, eh?
• today It appears reality has caught up with Pandora at least a little, as the stock’s price fell below its IPO price in day two of trading, proving that the company is in fact susceptible to the effects of gravity. source

Posted by Ernie Smith • Permalink