Pandora Sets IPO Price, Set To Begin Trading On NYSE

Pandora, the popular music streaming service, is set to begin trading on The New York Stock Exchange tomorrow morning (June 15).

Pricing their IPO at $16 per share, the company valued it self at $2.6 billion, much higher than previous estimates of $1.8 to $1.9 billion.

Per the Wall Street Journal, Pandora has a possibility of raising over $235 million from the IPO.

The stock is set to trade under the symbol “P“.



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