Pandora CEO Kennedy to step down

Related Article
OAKLAND, Calif. (AP) -- Pandora Media Inc. Chief Executive Joseph Kennedy is stepping down.
The company announced the change Thursday after reporting fourth-quarter results that showed a narrower loss and higher revenue than analysts expected.
Shares jumped $2.23, or 19 percent, to $13.96 in after-hours trading on the news.
(Copyright (c) 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)


