Let’s see how investors react to the changes and let’s watch if Pandora is able to leverage their purchase of Rdio’s core assets. But my bet is that share prices will shed another 50% before an eventual sale. It already lost 12%, closing at $9.60. I’m also wagering that there will be more executive exodus in the next quarter. Hope I’m wrong, I’d hate to have to recreate my Sean Hayes channel somewhere else.
Read more: Source: Pandora Replaces Chief, Aiming to Reinvent Itself Midstream