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Tech Five: Pandora slides ahead of Apple Music launch

Trisha Thadani
USA TODAY
Pandora gears up for battle as Apple Music is set to make its debut Tuesday

Pandora will face a major battle in the music streaming world as Apple Music is set to storm into the industry Tuesday. As of morning trading, shares of Pandora were down more than 2%.

Let's take a look at the tech stocks to watch Monday:

Pandora (P). This music streaming service currently boasts the most amount of listeners over other streaming services Spotify and Tidal. However, Pandora has been facing woes in the stock market since Apple Music announced its arrival, and the leader will have to fight to maintain its top spot.

Apple (AAPL). One day before Apple's new streaming service is expected to make its highly anticipated debut, shares were down nearly 1% during Monday morning trading. This launch comes about a week after Taylor Swift publicly convinced the company to change its policies on paying artists during its three-month free trial period. Here's everything you need to know about the new service before Tuesday's launch.

Micron Technology (MU). Shares of Micron Technology were tumbling down more than 18% Monday morning. This slump continues a few days after the technology manufacturer reported disappointing earnings results, which were much lower in the current quarter than Wall Street expected.

Twitter (TWTR). Twitter's Vice President of Corporate Development and Strategy announced Friday that he will be stepping down -- marking him the latest Twitter executive to leave the company this month. Garg, who was only with the company for about a year, said that the team made a dozen acquisitions during his term, such as Periscope and ad company Niche. Twitter shares were slightly up Monday morning.

eBay (EBAY). The American e-commerce company announced that its board of directors has approved the separation of eBay and PayPal into two independent publicly traded companies. This separation is expected to be completed by July 17. Shares of eBay were down about 1% Monday morning.

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