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# Pandora Is Worth $700 Million Less Than Just 6 Months Ago, As Stock Slide Continues
- URL: https://www.hypebot.com/pandora-is-worth-700-million-less-than-just-6-months-ago-as-stock-slide-continues/
- Published: 2017-01-10T12:23:26.000Z
- Updated: 2017-01-10T12:23:26.000Z
- Description: Pandora stock dropped for the third trading day in a row on Tuesday after news last week that SiriusXM was "unlikely" to buy the music streaming service. As of Noon,. Continue reading [https://www.hypebot.com/hypebot/2017/01/pandora-is-worth-700-million-less-than-just-6-months-ago-as-stock-slide-co
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Streaming, #wp, #wp-post, #Import 2026-01-21 10:13

[![image from www.psdgraphics.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb09689da8970d-150wi "image from www.psdgraphics.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb09689da8970d-popup?ref=hypebot.com)Pandora stock dropped for the third trading day in a row on Tuesday after news last week that SiriusXM was "unlikely" to buy the music streaming service. As of Noon, the stock had fallen to $11.93 and was dropping.

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[![Pandora_2016_logo wide](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c8c5b519970b-350wi "Pandora_2016_logo wide")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c8c5b519970b-popup?ref=hypebot.com)Pandora stock continued to fall after a SiriusXM executive threw cold water on talk of an acquisition. “With respect to all the chatter about \[these\] acquisitions, you have to look at them as them not being likely,” said SiriusXM's CFO. “That’s the way to characterize it.”Liberty Media had offered $15 per share at a $3.4 billion valuation in July of last year, which the Pandora board rejected. With a stock price at $11.93 as of Noon Tuesday, Pandora is effectively worth 20% or almost $700 less than Liberty's offer of just 6 months ago.You can track continued movement of Pandora and other music related stock in Yahoo Finance widget in Hypebot's right column.

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