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SPOT Jun 2024 400.000 call
- Bloomberg
Spotify Profit Push Emboldens Bulls and Spurs Record Win Streak
(Bloomberg) -- It’s been less than a year since Spotify Technology SA raised prices on its US premium plans for the first time, and investors who bought into Chief Executive Officer Daniel Ek’s strategy have been rewarded with a roughly 80% jump in the stock. Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyWorld’s Largest Nuclear Plant Sits Idle While Energy Needs Soar‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpNew BYD Hybrid Can Drive Non-Stop
- Benzinga
Spotify Discontinues Car Thing Device, Shifts Focus to New User Features
Spotify Technology SA (NYSE:SPOT) discontinued its debut hardware product, which enabled users to control Spotify through car speakers using voice recognition and preset buttons when connected to a phone. The stock is trading higher on Friday. Spotify ceased production less than a year after its release, and now, two years later, the device will become inoperable on December 9. Spotify does not offer refunds or subscription credits. Instead, the company advises users to dispose of the Car Thing
- Simply Wall St.
Investing in Spotify Technology (NYSE:SPOT) five years ago would have delivered you a 135% gain
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
