Pandora's new native ad unit tracking well, says B. Riley B. Riley's checks suggest Pandora's new native ad unit is tracking well with 1-2% of Active Listeners using it and pricing and gross margins above company averages. The firm believes the new ad unit could be incremental to 2014 and material to 2015 if rolled out broadly. Shares are Buy rated with a $38 price target.
News For P From The Last 14 Days
Check below for free stories on P the last two weeks.
Pandora calls activate on renewed speculation of an activist investor Pandora August weekly 27.5 and 29 calls are active on total call volume of 5K contracts (1K puts) on renewed speculation of an activist investor. August weekly call option implied volatility is at 77, September is at 58 and December is at 55; compared to its 26-week average of 55 according to Track Data. Active call volume suggests traders taking positions for upside price movement.