Pandora might not be in a great spot.” Yeah, “not a great spot” is an understatement, showing it’s not a great idea to ever try to go against Apple in any business. The stock is down about 85%.
Over three years ago, October 24, 2014, I wrote a post called Pandora’s Box in which I stated, in part, “with all the effort Apple was putting into Internet radio, Pandora might not be in a great spot.” Yeah, “not a great spot” is an understatement, showing it’s not a great idea to ever try to go against Apple in any business. The stock is down about 85% and is at this very grinding at never-before-seen lows.
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This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.
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