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Pandora Shares Fall on Reports of Apple Internet Radio

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  • Description

    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 1:22
  • Date

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-- -- let's go to Nicole -- she's on -- floor New York Stock Exchange where they are waiting with -- Breath to see what happens without -- what's what's the latest on that.

There's no doubt everybody's waiting to hear from -- the stock is been to the downside and moments ago we hear -- may be apple.

Rainy -- and we've heard about the iPad -- this week among other new products in the apple lineup so.

There are a lot of folks are bullish on apple and others and they -- they'll have lowered ago.

Well just the -- power of apple cause -- Door to plummet today and it was just a -- it was yet again this rumor that we've all heard before.

That may -- apple would start up Internet radio exactly pandora's business which they really revolutionize but.

The question becomes will -- immediately put such a -- are on pandora's business I mean look at the stock as a huge.

-- here for pandora.

The right that in today chart was -- announcement pandora's sold off significantly down about 20% was halted.

He just figure pandora that you what you don't want -- don't want Apple's coming -- -- -- am radio and thirteen.

And that's exactly.

What we're hearing we -- headlines every -- that's myself selloff -- We're about to get earnings from Expedia as well all the travel company -- they're not -- as well but not so world -- big up day for them.

Thank -- to call we'll come back.

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