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Pandora Shares Fall on Weak Outlook
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FBN’s Nicole Petallides breaks down the day in the markets.
- Duration 1:19
- Date Dec 5, 2012
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FBN’s Nicole Petallides breaks down the day in the markets.
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Go right to the New York Stock Exchange and find out from the source to -- -- -- -- let's talk about apple big drop volume is very heavy.
This sort of across the board sell off of the stock.
Hoping he'll announce this document -- about 700 -- it's down 20% below that last thing they called the death -- It's not a good sign -- -- in the broader market to see it sell off.
So much since those highs that we hit in September plus the fact that they're saying that the I had an iPad many are going to face intense competition.
Company's market share.
Pandora -- of course it was at this time yesterday that earnings came out they did really well but it was the outlook that just completely disappointed -- the stock tanking today.
It's the guidance is -- at a we we -- that last night but we're going to be talking -- the CEO later in this hour I asked him with a day like this like for you especially when he's such a believer in the company.
I'm proud of -- -- still showing up for the interview today -- of the -- -- down 40% of his heart than to come out now brightened the outlook that's weakened below that statement.
All right -- this doom and gloom let's talk about Citi unfortunately it's because they cut so many workers but their stock taken off today.
Enough that's.
That's up about 5% and even without.
About.
We will be talking about all of the financials coming right up but right now let's look at the general indices is the bells are ringing on Wall Street.