[Reuters] IPO View: Profitless Pandora pricks the tech bubble

Posted by: UGN Security

[Reuters] IPO View: Profitless Pandora pricks the tech bubble - 06/17/11 09:30 PM

NEW YORK (Reuters) - It had all the signs of another dotcom bubble: A startup without a convincing business plan or any foreseeable chance of turning a profit saw its shares soar in the first hours after its stock market debut.