Sirius (SIRI), Westwood One (WWON) Shares Lower as Pandora (P) Boosts IPO Size
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Shares of Sirius XM Radio Inc. (Nasdaq: SIRI) and Westwood One Inc. (Nasdaq: WWON) are slumping Friday following an amended IPO filing from Pandora Media (NYSE: P) earlier.
In the filing, Pandora increased the size of its IPO from 13,684,000 to 14,684,000 shares and the expected price range from $7-$9 to $10-$12 per share.
Sirius shares are down about 3.9 percent, while Westwood One shares are off about 4.3 percent.
In the filing, Pandora increased the size of its IPO from 13,684,000 to 14,684,000 shares and the expected price range from $7-$9 to $10-$12 per share.
Sirius shares are down about 3.9 percent, while Westwood One shares are off about 4.3 percent.
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