Despite yesterday's FQ3 earnings statement�indicating that Pandora beat Wall Street projections and that it has abundant long-term growth opportunities,�Pandora?s stock price fell 11.3% since yesterday to $10.51.�This is likely because�Pandora lowered its FQ4 guidance to a loss ($0.03) in earnings per share, worse than its $0.02 EPS for last quarter and Wall Street's ($0.02) guidance for next quarter. Investors see Pandora as a momentum story, betting on it gradually but steadily growing towards�significant�profitability.�The slightly grim guidance, due to increased investments which will go towards hiring more sales people, may have spooked some investors with a distaste for any signs of slowing momentum.Source: http://feedproxy.google.com/~r/Techcrunch/~3/O4Rxwdf-ZRw/
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