Is Pandora Headed Higher?
The following video is from Friday's Investor Beat, in which host Chris Hill, and analysts Matt Argersinger and Jason Moser dissect the hardest-hitting investing stories of the day.
Shares of Pandora soar on better-than-expected earnings, and news that CEO Joe Kennedy will step down. Pandora has 67 million monthly active listeners, and now represents 8% of the total U.S. market. In this installment of Investor Beat, our analysts talk about the future of the music service.
Pandora has won millions of devotees among music fans, but few supporters on Wall Street. The online jukebox seems to be redefining the way we consume music, a transformation that's only likely to grow. But high royalty rates, and competition from all corners, threaten to silence the company. Can Pandora translate success with its listeners into a prosperous business model that will deliver for investors? Learn about the key opportunities and potential pitfalls facing the upstart radio streamer in The Motley Fool's new premium research report. All you have to do is click here now to subscribe to this invaluable investor's resource.
The relevant video segment can be found between 2:38 and 4:29.
The article Is Pandora Headed Higher? originally appeared on Fool.com.Chris Hill has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. Fool contributor Matthew Argersinger has no position in any stocks mentioned. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.