P

PANDORA MEDIA INC

8.6800
USD
0.81%
8.6800
USD
0.81%
4.0900 10.0700
52 weeks
52 weeks

Mkt Cap 2.34B

Shares Out 269.78M

new Chat
Send me real-time posts from this site at my email

Pandora stock rises after company announces Snapchat partnership

Shares of Pandora Media Inc. P, +4.51% are up 2.1% in Thursday morning trading after the company said it has a new partnership with Snapchat parent Snap Inc. SNAP, +1.60% Snap's stock is up 1.7%. "Soon, Pandora listeners will be able to send their favorite songs to friends and family through unique song cards that celebrate album art on top of an animated background, and receivers will be able to swipe up to listen directly on Pandora," the music-streaming company said in a release. "This integration will expand Pandora's social sharing capabilities by reaching Snapchat's massive audience while enhancing music discovery across both platforms." The feature will soon be available to U.S. users and is part of Snap's new Snap Kit developer platform. Pandora shares are up 2.4% over the past 12 months, while Snap shares are down 24%. The S&P 500 SPX, +0.44% has gained 14% over the past year.


More