Global X Social Media ETF

Pandora’s main focus is adding, retaining, and engaging listeners to build market share and grow its listener hours.

Social media stocks performed well last year, with the Global X Social Media Index ETF (SOCL) up 65% from January 2013.

The departure of Twitter’s COO signals that the company is taking active steps to drive growth, and investors should be looking at other announcements from TWTR over its growth as one of the primary drivers of stock price.

Pandora’s valuations are considered lofty at a 175.4x forward price to earnings ratio considering the company has struggled to earn profits.

People have been asking me over the past few weeks what my views are on the Twitter IPO (TWTR) as well as my view on Twitter as a general business.

Although the broader market and tech sector were down yesterday, Internet stocks suffered a far steeper decline.

One of the reason’s that Twitter’s stock price has fallen sharply over the past few months is user growth that hasn’t met the market’s expectations.

Ali Rowghani, Twitter’s (TWTR) chief operating officer, or COO, resigned from his post. A filing from Twitter states that Rowghani will remain a Twitter employee and serve as a strategic advisor to the CEO, Dick Costolo.

Despite approximately 1/3rd of Twitter stockholders pledging not to sell the stock upon expiry, the stock took an unexpected sharp drop on the day.

Although the threat of Apple and Google can’t be discounted, noticeable losses for Pandora may still fail to materialize.