NEW YORK (TheStreet) -- Pandora Media (P - Get Report) plunged Thursday to lead Internet and software stocks downward. The streaming radio service was one of the biggest percentage decliners throughout the trading day.
The stock fell 12.76% to $25.97 at 3:16 p.m. More than 13 million shares had changed hands, greater than the average volume of 8,539,540.
Pandora hit a low of $25.66 for the day.
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