Investor's Business Daily - Shares of online music streaming website Pandora Media retreated as Spotify, a European music streamer with more than 10 mil registered users, launched its service in the U.S. Privately held Spotify has about 1.6 mil paid members, who get added features like higher speeds and offline access to music. Pandora, which this week said it had reached 100 mil total users, went public in June at $16 a share and its share price has fluctuated wildly since. Pandora closed down 0.8% at 17.79.
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