Pandora (P -3.4%) releases its June audience metrics. Listener hours totaled 1.08B, +77% Y/Y but...

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

Pandora (P -3.4%) releases its June audience metrics. Listener hours totaled 1.08B, +77% Y/Y but -2% from May, which had one extra day. The company's share of U.S. radio listening is pegged at 5.98%, compared with 5.8% in May and 3.37% in the year-ago period. Active listeners came in at 54.5M vs. 53.3M in May and 36.1M in June '11. Pandora is selling off, but so are other volatile Internet names. YELP -7.4%. GRPN -5.6%. ZNGA -3.6%. (May metrics)