Pandora Higher Off Rumors Of A Sale

Pandora Media Inc P shares are trading higher by $0.90 at $10.78 in Thursday's session. Rumors of a possible sale of the company has attracted buying interest in the issue.

Off the open, it bottomed $0.02 above Wednesday's low ($9.78), only reaching $9.80 before embarking on a furious rally. So far, it reached $11.08 before falling back under $11. The current high coincides with its March 8 high ($11.18).