Pandora's Stock Rally Isn't Solving Its Problems

The company appeals to labels and ad execs as growth slows

Brian McAndrews has been on a Wall Street honeymoon. Since he became chief executive officer of Pandora Media in September, the stock price of the music streaming service has jumped about 60 percent, tacking on roughly $3 billion in market value, and the company brought in $400 million from a share sale.

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