Forbes -
23 Oct 2013 17:43

Looking back to 35 days ago, Pandora Media Inc (NYSE: P) priced a 18,200,000 share secondary stock offering at $25.00 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Wednesday, the stock is now 7.1% above the offering price.
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