Pandora Media Inc (P): Today's Featured Media Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Pandora Media (P) pushed the Media industry higher today making it today's featured media winner. The industry as a whole closed the day up 1.4%. By the end of trading, Pandora Media rose $1.83 (5.1%) to $37.97 on average volume. Throughout the day, 10,497,693 shares of Pandora Media exchanged hands as compared to its average daily volume of 9,068,900 shares. The stock ranged in a price between $35.97-$38.21 after having opened the day at $36.00 as compared to the previous trading day's close of $36.14. Other companies within the Media industry that increased today were: ChinaNet Online Holdings (CNET), up 25.0%, Cumulus Media (CMLS), up 8.8%, Radio One (ROIA), up 6.6% and Dex Media (DXM), up 6.1%.
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