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.
) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day up 1.1%. By the end of trading, Pandora Media fell $0.45 (-1.5%) to $29.23 on heavy volume. Throughout the day, 24,034,179 shares of Pandora Media exchanged hands as compared to its average daily volume of 11,235,100 shares. The stock ranged in price between $28.54-$31.48 after having opened the day at $30.73 as compared to the previous trading day's close of $29.68. Other companies within the Media industry that declined today were:
), down 4.6%,
), down 4.3%,
), down 4.0% and
), down 3.4%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access unlimited hours of free music and comedy, as well as offers Pandora One, a paid subscription service to listeners. Pandora Media has a market cap of $5.4 billion and is part of the services sector. Shares are up 223.3% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Pandora Media a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow and feeble growth in its earnings per share.
- You can view the full Pandora Media Ratings Report.
On the positive front,
), up 10.4%,
), up 10.0%,
), up 6.2% and
), up 6.0% , were all gainers within the media industry with
) being today's featured media industry leader.
- Use our media section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider
) while those bearish on the media industry could consider
- Find other investment ideas from our top rated ETFs lists.