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# Pandora Loses $150 Million In Value As Stock Drops Again On Monday
- URL: https://www.hypebot.com/pandora-loses-150-million-in-value-as-stock-drops-again-on-monday/
- Published: 2017-01-09T11:23:05.000Z
- Updated: 2017-01-09T11:23:05.000Z
- Description: Pandora stock dropped for the second trading day in a row on Monday after news that SiriusXM was "unlikely" to buy the music streaming service. As of mid-morning, the stock. Continue reading [https://www.hypebot.com/hypebot/2017/01/pandora-loses-150-million-in-value-as-stock-drops-again-on-monday.h
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Startups & Funding, Streaming, music, Pandora, Spotify, #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 second trading day in a row on Monday after news that SiriusXM was "unlikely" to buy the music streaming service. As of mid-morning, the stock had fallen almost 6% since opening on Friday to $12.26.

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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 lost almost $150 million in value on Friday and Monday 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 a reported $15 per share at a $3.4 billion valuation, which the Pandora board rejected. As of 11:15 AM on Friday the stock was trading at $12.26 down another 1.68% for the day. 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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