In a signal that Pandora believes investor appetite is stronger than first believed, the webcaster has increased the amount of money it aims to raise during its forthcoming initial public offering. With a share price in the $7 to $9 range, Pandora seeks to raise as much as $142 million if the maximum 15.7 million shares being registered are sold.
2 comments for “6/3 – Confident Pandora Raises IPO Price”