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Pandora Shares Rising 4% After Statistics Showed Increased Number of Listeners

Haven't heard about Pandora in a little while, but the news would have it that their shares went up over 4% today, reaching $29.46 a share.  This is due to the recent statistics was released showing the number of listener hours rising from 1.27 billion to 1.49 billion hours.  The number of active listeners went up to 72.4 million, which is about 16% higher than the same time last year.  Also, their share of US Radio market went up from 7.17% last year to 8.44% now.