Pandora Media's stock dropped precipitously on news that Apple might be entering the online streaming-radio space with a competing product. The news is not official: It has been reported in The Wall Street Journal and The New York Times, based on information leaked by unnamed sources. Still, the service would nicely complement Apple's existing iTunes offerings, making the rumor believable enough to send Pandora's stock plummeting by some 18 percent to as low as $10.27 per share during trading Friday. It closed at $10.47. 
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DIGITAL JUICE
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