Pandora (p) Stock Declines After Reporting Fewer Third Quarter Active Listeners

NEW YORK (TheStreet) -- Shares of Pandora Media Inca are tanking, down 13.86% to $19.92 in late afternoon trading Friday, following the company's lower than expected active listeners and its third quarter loss of $2 million, despite beating analyst estimates. The company's active listeners rose 5.2%ato 76.5 million for the thirdaquarter, falling short of analyst estimates of 76.7 million. Total listener hours wasa4.99 billion for the quarter, but also missed analyst estimates of 5.02 billion. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months.

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