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Pandora (P) Looks to Continue Longest Winning Streak Since June

August 17, 2011 1:39 PM EDT
Shares of Pandora Media (NYSE: P) are currently making one of its longest runs since late June.

The stock closed higher each of the last five trading sessions and is on pace to do it again Wednesday. From a close of $11.73 on August 9th, the stock is up about 24 percent.

From June 22nd through July 1st, Pandora moved from $13.34 to $20.04.

No specific news has caused the move, though peer Sirius XM (Nasdaq: SIRI) has been moving higher over the same sessions as well. Volume has been noticeably light for Pandora.


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