RUMOR MILL
Friday, June 17, 2011
Greenfield rips Pandora
RICH RIPS PANDORA: Yesterday, in their second day of trading, Pandora shares plunged in the final hour following a negative report from Richard Greenfield of BTIG, who slapped a "sell" rating on the stock and set his target price at $5.50. "We believe Pandora's share price is overvalued based not only on our forecasted earnings trajectory, but also due to significant competitive risks," Greenfield wrote. Pandora stock closed 25% below Wednesday's offering price of $16 to $13.26. (6/17a)
HIPGNOSIS BOARD APPROVES UPPED BLACKSTONE BID
But it ain't over till it's over. (4/29a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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JAMES KING: THE HITS INTERVIEW (PART ONE)rumor mail
