Shares of Pandora (P -8.5%) continue a downward march as the company faces competition seemingly...

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

Shares of Pandora (P -8.5%) continue a downward march as the company faces competition seemingly coming from all directions. The latest is today's launch of Clear Channel's (CCO -1.9%) iHeartRadio, set to offer ad-free digital radio to subscribers.