Pandora Media's stock keeps rising


Pandora Media has recovered from its broken IPO and put together a string of days on the NYSE with its stock price back above the $16 IPO price. And now it is getting ready for its first session with Wall Street analysts.

Pandora announced that it will hold a Financial Analyst Day on Tuesday, July 12, 2011 in San Francisco. The in-person event is by invitation only, but everyone is invited to join the webcast live from Pandora’s Investor Relations website starting at 8:00 am PT, which is 11:00 am ET.
After falling as low as $12.16 in its first two weeks of trading, Pandora closed at $16.50 on Monday (6/27) and has stayed above the $16 mark since. It traded above $18 in the Wednesday and Thursday NYSE sessions. The stock closed Thursday (6/30) at $18.91, up 8% for the day.