Pandora Media Inc. rose Tuesday after Bloomberg News reported the online-radio company was seeking to pursue international expansion. Pandora has been held to the market in the United States because of complicated rights to the music it plays, but Bloomberg reported Monday evening that the company was seeking to negotiate new agreements with international rights, with an early eye on the U.K. Pandora shares gained 4.2% Tuesday to close at $13.04, but still have a long road back from a steep decline the company suffered after disappointing financial results last month, which cost Pandora more than a third of its market cap in one day of trading.
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