Pandora Sinks on Slowed Growth and DryShips Prices Stock Offering

ACCESSWIRE / October 27, 2014 / Slowed growth push Pandora Media, Inc. (NYSE:P) shares lower with the stock closing down 13.49% on Friday.

For an in-depth report on Pandora Media, Inc. follow: www.pennystocktitans.com/stockquote/P

Pandora Media shares sank after the company reported lower than expected number of active listeners and a third quarter loss of $2 million. Pandora's active listeners rose 5.2% to 76.5 million for the third quarter, falling short of analyst estimates of 76.7 million. Total listener hours was 4.99 billion for the quarter, but also missed analyst estimates of 5.02 billion.

After pricing stock offering DryShips, Inc. (NASDAQ:DRYS - News) dropped 24% and came 8 cents shy of its 52-week low this past Friday.

For an in-depth report on DryShips, Inc. follow: www.pennystocktitans.com/stockquote/DRYS

DryShips Inc. announced the size and pricing of its public offering of common stock. The company will offer 250 million shares of common stock in the new offering, pricing it at $1.40 a share. CEO George Economou purchased $80 million worth of common stock, or a total of 57,142,857 at the offering price, as part of the offering. The shipping company says it will use the net proceeds from the offering to repurchase part of its $700 million principal amount of debt under its 5% convertible senior notes that will mature on Dec. 1, 2014.

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Small deal with Pepsi helps SodaStream International Ltd. (NASDAQ:SODA - News) shares close up 15.38% this past Friday.

For an in-depth report on SodaStream International Ltd. follow: www.pennystocktitans.com/stockquote/SODA

SodaStream International has revealed plans to test out make-your-own versions of PepsiCo products later this year. "At-home, make-your-own beverages represent an emerging category that has generated interest among some consumers… Our discussions with SodaStream are specifically focused on a small-scale, limited time test scheduled for later this year," according to PepsiCo.

Caregiver Thermometer award helps Sanomedics International Holdings, Inc. (OTC:SIMH - News) shares closed up 12.50% on Friday with nearly 17 million shares traded.

For an in-depth report on Sanomedics International Holdings, Inc. follow: www.pennystocktitans.com/stockquote/SIMH

Sanomedics shares climbed higher after the company's division Thermomedics Inc. announced that its Caregiver(R) TouchFree(TM) Clinical Thermometer was awarded the Innovative Technology designation by Novation at its Innovative Technology Expo on September 10th. The Caregiver is ideal for reducing risk of transmission of infectious disease as it does not require probe covers and does not contact the patient. The award came following a review by more than 200 attendees from hospitals around the United States who serve on a Novation council.

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SOURCE: Stock Publisher