Pandora Rises as Apple Delays Radio Service: San Francisco Mover
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Pandora Media Inc., the Internet radio service, rose as much as 4.2 percent after Apple Inc. delayed plans to start a competing music service.
Pandora gained 1.5 percent to $11.85 at 2:11 p.m. in New York trading after reaching as high as $12.16. The stock had climbed 27 percent this year as of yesterday. Pandora plans to report fiscal fourth-quarter results today after markets close.