Friday, October 4, 2013

Lone Pine discloses 5.3% stake in Pandora (P) -10/4/13

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms today.If you are looking to day trade, you might want to check out the following stocks. I usually throw these on my watch list and monitor with resistance &  support levels.You can also check previous stocks to buy reports- Right Here.


Lone Pine discloses 5.3% stake in Pandora
  • Stephen Mandel's Lone Pine Capital has disclosed a 5.3% stake in Pandora (P). At current levels, the stake is worth $270M. (13G)
  • Pandora rose 1.2% AH on the disclosure. It came on a day when rival Rdio launched a free iOS/Android Web radio service that doesn't contain any ads. The company is also offering a $10/month, Spotify-like, on-demand service.


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