Pandora Shares Collapsing 35% In Friday Trading…

The sell-off follows an abysmal financial disclosure on Thursday by Pandora CEO Brian McAndrews, one that includes losses of $85.9 million in the past three months alone.  It also follows an extremely questionable $450 million acquisition of Ticketfly, not to mention a $90 million royalty hit for pre-1972 oldies recordings.
Meanwhile, cash and investment reserves certainly remain substantive at roughly $440 million, though analysts are pointing to faster-than-expected burn-down.  Then