Pandora (P) is down 4.6% in the wake of Spotify's U.S. launch. But while Spotify will...

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

Pandora (P) is down 4.6% in the wake of Spotify's U.S. launch. But while Spotify will immediately be a major rival to Pandora for PC streaming, it may be less of one on mobile devices, given that the free version of Spotify's streaming service isn't available on them. Mobile devices now account for over half of all of Pandora's streaming.