Pandora said yesterday morning that their listener hours rose 14% to 1.71 billion from 1.49 billion in March 2013, helping the stock rise 4.48%.
However, the stock declined following news that Pandora's average user count for March 2014 remained a flat 74.7 million.
Investor research firm B. Riley said it was "disappointed with [the] flat M/M active user growth."Must Read: Warren Buffett's 10 Favorite Growth Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. P data by YCharts
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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