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Pandora plans to accelerate in 2018

Pandora plans to accelerate in 2018

Inläggav blojicy » tor 30 nov 2017, 09:28

Pandora plans to accelerate in 2018

Pandora Group’s pandora charms uk sale sales jumped in the third quarter as strong growth in Europe and Asia outweighed weakness in the US.

Shares of Pandora jumped over 4 percent in middday trading trading Thursday after BMO Capital Markets upgraded its outlook on shares of the music streaming company.

Pandora's pandora charms online move to grow "non-music content," such as podcasts, is a key part of the company's attempt to reverse its steady share price decline, the analyst said. Pandora's stock has fallen more than 62 percent this year through Wednesday's close, according to FactSet.

"Up until now, Pandora pandora charms outlet has primarily been focused on recorded music and has offered limited forms of other content," BMO analyst Daniel Salmon wrote in a note. "Pandora now plans to expand the content available and we expect this to accelerate in 2018."
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