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Pandora Stock Hits All Time Low

image from fears that profitability is a distant and blurry target, Pandora stock hit an all time low of $9.03 on Monday before rising slightly to close at $9.18.  Pre-market trading before Tuesday's opening bell was in the $9.08 range. Monday was a down day for the market overall.

The company's stock has dropped more than $1 a share in the past week alone Pandora Media, Inc. (NYSE:P) trades 2.9 million shares a day on average and has a market cap of 1.53 billion.