em>Joel Elconin is the co-host of
Benzinga's #PreMarket Prep, a daily trading idea radio show.
Pandora
P shares ended Monday's session lower by $0.70 at $17.69 in Monday's session. The issue has been volatile from the various comments being made at the Apple Developers conference.
Off the open, it found resistance just above Friday's close ($18.39), reaching $18.47 before turning lower. So far, the decline has reached $17.59 and ended the day just off the lows for the session.
The current low matches it low from May 20 and is just above its low from May 6 at $17.42.
Today's decline is taking place on slightly than average volume as 5M shares have traded compared to its 20 day average of 3.56M
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