The Pandora stock has been worn down by years of competition with Spotify (NYSE:SPOT) and Apple (NASDAQ:AAPL), but in the past 3 months, it finally showed signs of life. The 50% surge in the last 3 months brought the stock price back up to the levels from over a year ago. The bulls are stoked about Pandora’s subscription services and also the AdsWizz acquisition, which powered the stock’s recent comeback.
AdsWizz is an ad-tech platform that serves as a marketplace for programmatic audio ads. AdsWizz has many customers. The bulls claim that the ad platform will help Pandora benefit from secular growth in audio and voice, and AdsWizz success on a quarterly basis won't be completely correlated with listening trends at Pandora. So the company’s future will be a bit less tied to actual Pandora listening.
www.finstead.com/bit...preview-july-24-2018
AdsWizz is an ad-tech platform that serves as a marketplace for programmatic audio ads. AdsWizz has many customers. The bulls claim that the ad platform will help Pandora benefit from secular growth in audio and voice, and AdsWizz success on a quarterly basis won't be completely correlated with listening trends at Pandora. So the company’s future will be a bit less tied to actual Pandora listening.
www.finstead.com/bit...preview-july-24-2018