03-12-2015 20:50 via feedproxy.google.com

Wall Street Brutalizes Pandora as Financial Problems Intensify

 Updated, Dec. 3 2:15 pm PT: Shares of Pandora (P) have now slumped further, dropping 11.49 percent in distressed Thursday trading.
Wall Street is now punishing Pandora again, with shares dropping another 10% amidst growing financial concerns.  On Wednesday, Pandora announced that it would be pursuing $300 million in convertible debt after completely nearly half-a-billion in acquisitions.
The sell-off largely erases Pandora’s fragile recovery in November following a late-Oct
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