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    Pandora stock jumps after surprise break-even financial results

    Traders worked at the kiosk where Pandora is traded on the floor of the New York Stock Exchange.
    Brendan McDermid/Reuters/File 2011
    Traders worked at the kiosk where Pandora is traded on the floor of the New York Stock Exchange.

    Pandora Media Inc., the Internet radio service, surged the most in 14 months on break-even quarterly results that beat estimates. Analysts had expected a loss of 3 cents per share, on average. Mobile advertising grew 86 percent, Pandora said. “Our mobile monetization strategies are working,” said CEO Joe Kennedy. “That is the core of our performance.”

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