Who owns Spotify in 2024?
Shareholders of Spotify have had quite a rollercoaster ride over the past several years, but those who stuck it out have now been sweetly rewarded.
At around USD $328.60 per share at market close on Tuesday (September 3), Spotify’s share price is up 74% since the start of 2024 and up an incredible 337% since it bottomed out in December 2022.
Yet Spotify’s current price is at heights the company has seen before – back during the Covid-19 pandemic, when companies benefitting from people staying at home (think Netflix or Peloton) went through the roof.
All the same, taking the long view, Spotify’s stock price is a good 120% above the $150 level around which it hovered for years prior to the pandemic, and at its current price,…