Pandora Stock Goes Up After Apple’s iTunes Radio Announcement

Analysts and pundits were proven wrong on Monday afternoon when Pandora's stock actually went up 2.45% on official news that Apple was launching a very similar streaming music service.  Perhaps it was that Apple offered almost nothing new or all that exciting during the announcement.  Whatever the reason, Pandora stock ended the day at #15.49, up $.37‎ or +2.45%‎.