Pandora Finishes Out the First Day on the Stock Market

Pandora finished out strong today on the NYSE at 17.42 (according to Google Finance), above the starting price of $16 according to an LA Times article. Just recently they began filing for an Initial Public Offering (IPO), and today was their first day of being on the market. For those of you curious, the IPO was finally valued at $2.4 billion,far above the $109.5 million previously speculated. Pandora finished out the day up 8.88%.