DigitalMusicNews
Yesterday, Spotify stock (NYSE: SPOT) regained a bit of share-price ground following a post-earnings tumble. Now, the rally looks to be losing steam, with shares down about 17% from late June. That falloff reflects SPOT’s value at the time of writing, $637. Meanwhile, the price is down from about $655 when the market opened – [……
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Spotify Stock’s Post-Earnings Rally Loses Steam — But Multiple Analysts Are Still Anticipating a SPOT Rebound
Yesterday, Spotify stock (NYSE: SPOT) regained a bit of share-price ground following a post-earnings tumble. Now, the rally looks to be losing steam, with shares down about 17% from late June. That falloff reflects SPOT’s value at the time of writing, $637. Meanwhile, the price is down from about $655 when the market opened –