Anupam Palit, Sr. Equity Analyst at GreenCrest Capital, discusses Pandora Media Inc.'s stock valuation after its initial public offering yesterday and outlook. The online-radio company raised $234.9 million in its IPO, pricing the shares above the top of the range as investors sought gains from a limited number of new Internet stocks.
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Bloomberg TV, Pandora, June 15 2011, GreenCrest, Palit
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