Is Spotify Stock Pricing In Growth After Announcing Price Increases and New Services?
If you have been following the wild ride of Spotify Technology stock lately, you are not alone. Whether you are holding, thinking about buying in, or just curious about what is fueling all the excitement, Spotify has become a name that is tough to ignore in the tech world. Over the past year, Spotify shares have soared an eye-popping 89.0%. Looking back three years, the stock is up more than 700%. Even the year-to-date gain stands at a remarkable 57.0%. All of this begs the question: Why is the market rewarding this streaming giant so generously?
Some of these impressive moves can be traced to Spotify’s recent strategic updates. For example, news just broke that the company is hinting at price increases along with new services. This…
