GO
Loading...

Pandora Gets First Sell Rating

Pandora made headlines earlier in the week when it priced above the high end of its range and then surged in its first day of trade.

However, shares quickly came back to earth– with the stock closing well over 20% lower on Thursday.

If you’re among the skeptics who thinkPandora is overvalued you’ll want to hear from Rich Greenfield of BTIG Media. His price target is $5.50.

Get all the details. Watch the video now!





______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to fastmoney@cnbc.com.

Trader disclosure: On June 16, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (NUE); Adami Owns (MSFT); Adami Owns (BTU); Finerman Own (AAPL); Finerman Owns (BAC); Cortes owns (GOOG); Cortes owns (SVU); Cortes owns (MS); Cortes owns (GS)
Cortes owns (RIMM); Cortes is short the Nikkei; Cortes is short the Euro; Cortes is short the Australian Dollar; Cortes is short Silver; Cortes is short (BIDU); Cortes is short Corn
Cortes is short Natural Gas

For Anthony Scaramucci
SkyBridge Capital Is a Fund of Funds Manager
Funds Held May or May Not Own the Recommended Securities
Scaramucci Is One of 8 National Finance Chairs for Mitt Romney Campaign

For Karen Finerman
Finerman's Firm Is Short (IWM)
Finerman's Firm Is Short (MDY)
Finerman's Firm Is Short (SPY)
Finerman's Firm Is Long S&P 500 Puts
Finerman's Firm Is Long Russell 2000 Puts
Finerman's Firm Owns (AAPL)
Finerman's Firm Owns (BAC) Leap
Finerman's Firm Owns (HPQ), (HPQ) Puts
Finerman's Firm Owns (IBM)

For Mike Khouw
Cantor Fitzgerald & Co. Is A Market Maker In (AAPL)
Cantor Fitzgerald & Co. Is A Market Maker In (AMD)
Cantor Fitzgerald & Co. Is A Market Maker In (BAC)
Cantor Fitzgerald & Co. Is A Market Maker In (CSCO)
Cantor Fitzgerald & Co. Is A Market Maker In (C)
Cantor Fitzgerald & Co. Is A Market Maker In (XLF)
Cantor Fitzgerald & Co. Is A Market Maker In (GS)
Cantor Fitzgerald & Co. Is A Market Maker In (GOOG)
Cantor Fitzgerald & Co. Is A Market Maker In (IBM)
Cantor Fitzgerald & Co. Is A Market Maker In (INTC)
Cantor Fitzgerald & Co. Is A Market Maker In (LNKD)
Cantor Fitzgerald & Co. Is A Market Maker In (XLB)
Cantor Fitzgerald & Co. Is A Market Maker In (MS)
Cantor Fitzgerald & Co. Is A Market Maker In (NM)
Cantor Fitzgerald & Co. Is A Market Maker In (P)
Cantor Fitzgerald & Co. Is A Market Maker In (RIMM)
Cantor Fitzgerald & Co. Is A Market Maker In (WFC)

For Craig Berger
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (AMD)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (INTC)

CNBC.com with wires.

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET

Halftime Report