Pandora Stock Falls Sharply On Apple iRadio News
Reports that Apple has completed deals with both WMG and UMG to launch it's iRadio streaming music service as early as June 10th, sent Pandora stock tumbling on Monday. At the close of the bell, Pandora's stock was down 10.6% or $1.80 to $15.22.
More: Apple Closes New iRadio Deals, Pushes For June 10th Launch