Pandora Celebrates Initial Public Offering and First Day of Trading on the New York Stock Exchange
15 Giugno 2011 - 9:05PM
Business Wire
Pandora, the leading internet radio service, opened for trading
today on the New York Stock Exchange (NYSE) under the ticker symbol
“P” after its initial public offering in which it raised $234.9
million in gross proceeds. Joe Kennedy, CEO & President and Tim
Westergren, Founder & Chief Strategy Officer, joined by members
of Pandora’s management team, celebrated the company’s first day of
trading on the NYSE by ringing The Opening BellSM.
Pandora Founder & Chief Strategy
Officer Tim Westergren and Pandora CEO & President Joe Kennedy
on the floor of the New York Stock Exchange as the company's stock
opens for trading. (Photo: Business Wire)
“We are thrilled to welcome Pandora to our community of
innovative tech companies,” said Scott R. Cutler, EVP and Co-Head
of U.S. Listings and Cash Equities, NYSE Euronext. “Pandora has
transformed the music experience for millions across the country
with its inventive Music Genome Project®. We congratulate Pandora
on its IPO and look forward to a long-standing partnership with the
company and its shareholders.”
“We are excited and honored today to call the "P" symbol at the
New York Stock Exchange our own,” said Joe Kennedy, Pandora
President and CEO. “NYSE's experience and enthusiasm for Pandora
make them an ideal partner as we look to continue our vision of
providing personalized radio to listeners anytime and anywhere. We
also thank our entire team, and all those who have helped us reach
this milestone.”
As of May 31, 2011, NYSE Euronext (NYX) led the U.S. market for
Initial Public Offerings (IPOs) and new listings both in total
capital raised as well as number of transactions for 2011, with
$23.4 billion in IPO proceeds raised on the New York Stock Exchange
through a total of 53 IPOS (including funds). Pandora joins a
series of recent notable TMT listings including: Freescale
Semiconductor (FSL); The Active Network (ACTV); LinkedIn (LNKD);
Sequans Communications (SQNS), 3D Systems Corporation (DDD); Demand
Media (DMD); NeoPhotonics (NPTN); IMAX (IMAX) and Youku.com Inc.
(YOKU).
About Pandora
Pandora (NYSE: P) gives people music they love anytime,
anywhere, through connected devices. (OK, we’ve added comedy as
well so we’re also up for playing some jokes you’ll love.)
Personalized stations launch instantly with the input of a single
"seed" – a favorite artist, song or genre. The Music Genome
Project®, a deeply detailed hand-built musical taxonomy, powers the
personalization of Pandora® internet radio by using musicological
"DNA" and constant listener feedback to craft personalized stations
from a growing collection of hundreds of thousands of recordings.
Tens of millions of people in the U.S. turn on Pandora to hear
music they love. www.pandora.com (Source: Pandora Media, Inc.)
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial
markets and provider of innovative trading technologies. The
company's exchanges in Europe and the United States trade equities,
futures, options, fixed-income and exchange-traded products. With
approximately 8,000 listed issues (excluding European Structured
Products), NYSE Euronext's equities markets – the New York Stock
Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca –
represent one-third of the world's equities trading, the most
liquidity of any global exchange group. NYSE Euronext also operates
NYSE Liffe, one of the leading European derivatives businesses and
the world's second-largest derivatives business by value of
trading. The company offers comprehensive commercial technology,
connectivity and market data products and services through NYSE
Technologies. NYSE Euronext is in the S&P 500 index, and is the
only exchange operator in the Fortune 500. For more information,
please visit: http://www.nyx.com.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6760475&lang=en
Grafico Azioni NYSE Group (NYSE:NYX)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni NYSE Group (NYSE:NYX)
Storico
Da Lug 2023 a Lug 2024