Pandora, Yelp soar following CFO presentations

|About: Pandora Media (P)|By:, SA News Editor

Pandora (P +10.2%) CFO Mike Herring presented today at conferences hosted by Oppenheimer and Canaccord. Along the way, he declared his company refuses to comment on M&A rumors.

Yelp (YELP +6.8%), which had CFO Rob Krolik present at the Oppenheimer conference, is also up sharply.

Stifel started both Pandora and Yelp at Buy today, along with several other Internet names posting far more moderate gains. 10.5% of Pandora's float was shorted as of July 31, and 14% of Yelp's float was shorted.