Some Good Trends At Pandora Media
After the close on Thursday, Pandora Media ( P ) reported some encouraging trends that sparked the stock higher in after-hours trading. The company though continues to lose money questioning the validity of any rally on whether meaningful profits will ever be produced. The company is a leader in custom-radio internet services. Even with competitors such as Google ( GOOG ) venturing into the online radio market, Pandora continues to trade towards the all-time highs around $20 back after the IPO in the summer of 2011. The question is whether this service has a profitable future. Read the full article at Seeking Alpha. Disclosure: No positions mentioned. Please review the disclaimer page for more details.