Why Pandora Media (P) Stock Is Down Today

NEW YORK (TheStreet) -- Pandora Media  (P) 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. 

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

P Chart

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.

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.

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