Pandora Crosses 100M Users, Seeing 36M Monthly Active Users
July 12, 2011 at 08:31 AM EDT
Pandora announced a significant redesign this morning, and paired with this announcement comes a number of user milestones for the music streaming and personalized radio service. The company now has 100 million registered users and 36 million monthly active users across its platform. The company is announcing these stats at its first Analyst Day, a month after the company debuted on the New York Stock Exchange under the symbol "P" . As we initially reported, Pandora got a strong start in the public markets but shares quickly fell to below the company's initial pricing of $16 per share . But Pandora's stock was able to rebound recently, and closed at $19.26 yesterday afternoon.