Previous close | 115.48 |
Open | 113.94 |
Bid | 115.66 x 0 |
Ask | 116.24 x 0 |
Day's range | 113.94 - 115.62 |
52-week range | 67.13 - 153.85 |
Volume | |
Avg. volume | 227 |
Market cap | 22.33B |
Beta (5Y monthly) | 1.66 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Shares of Spotify ticked higher after an analyst upgraded the stock to Overweight, noting the company's commitment to improving margins.
Spotify stock rose nearly 3% in early pre-market trading on Monday after the music streaming giant received an upgrade from Wells Fargo analyst Steve Cahall.
The broad-based S&P 500 Index is up 9%, while the technology-heavy Nasdaq 100 is up 18% year to date (YTD), and we've barely made it out of January. After a brutal 2022 for growth and technology stocks, it looks like things may be finally turning the corner for investors, with inflation readings coming down and the United States economy escaping a recession (at least for now). Spotify (NYSE: SPOT), Tesla (NASDAQ: TSLA), and Amazon (NASDAQ: AMZN) are three stocks that led the stock market rally last month.