Why Pandora's Stock Continues To Slide

Pandora's shares are getting walked on.

Pandora continued its downward trajectory Tuesday. Shares of the popular internet radio service slipped 6.37% on the day, leaving the stock down 34.9% on the month and nearly 45% from its June initial public offering.

Shares have continued to dip despite plenty of good news in Pandora's third quarter financial results, released before Thanksgiving. The company surprised analysts by posting a profit, though it was slim. Revenue doubled to $75 million...