Pandora Raises IPO Price as Bubble Worries Brew

NEW YORK—Pandora Media Inc., the firm that runs the popular Internet radio service Pandora, has raised its initial public offering (IPO) hopes by increasing its target price range to more than $10 per share.
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/111220778.jpg" alt="IPO BOUND: Pandora Music CEO Joe Kennedy speaks during the National Association of Recording Merchandisers Entertainment and Technology Law Conference on March 30 in San Francisco. Pandora is seeking an IPO with implied valuation of $1.9 billion. (Justin Sullivan/Getty Images)" title="IPO BOUND: Pandora Music CEO Joe Kennedy speaks during the National Association of Recording Merchandisers Entertainment and Technology Law Conference on March 30 in San Francisco. Pandora is seeking an IPO with implied valuation of $1.9 billion. (Justin Sullivan/Getty Images)" width="320" class="size-medium wp-image-1802853"/></a>
IPO BOUND: Pandora Music CEO Joe Kennedy speaks during the National Association of Recording Merchandisers Entertainment and Technology Law Conference on March 30 in San Francisco. Pandora is seeking an IPO with implied valuation of $1.9 billion. (Justin Sullivan/Getty Images)
Antonio Perez
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