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Spotify Technology S.A. (SPOT)
After hours:
| Previous close | 296.78 |
| Open | 313.01 |
| Bid | 313.19 x 900 |
| Ask | 313.49 x 1100 |
| Day's range | 307.36 - 317.00 |
| 52-week range | 129.23 - 319.30 |
| Volume | |
| Avg. volume | 1,961,104 |
| Market cap | 62.427B |
| Beta (5Y monthly) | 1.61 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.65 |
| Earnings date | 23 Jul 2024 - 29 Jul 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 341.94 |
- Yahoo Finance Video
May's PMI data and OPEC's production cuts: Catalysts
On today's episode of Catalysts, co-hosts Seana Smith and Madison Mills delve into various pivotal market developments, dissecting the ISM's manufacturing PMI data for the month of May, oil price dynamics (CL=F, BZ=F), and the top trending stocks. The Institute for Supply Management's (ISM) manufacturing Purchasing Managers' Index report revealed a slight decline in May. Saxo Bank Chief Global Equity Strategist Peter Garnry joins the show to provide insights on how markets are digesting this print and its implications for future interest rate cuts by the Federal Reserve. Meanwhile, OPEC+ extended its oil production cuts until 2025. Bob McNally, the founder and president of Rapidan Energy, joins the show to discuss the impact of this decision and delve into the macroeconomic factors currently influencing oil prices. Shifting gears, the show dives into the stock reactions of Yahoo Finance's top trending stocks, including tech titan Nvidia (NVDA), music streaming platform Spotify (SPOT), and aviation giant JetBlue (JBLU). This post was written by Angel Smith
Investor's Business DailyIBD Stock Of The Day Spotify Flashes Pricing Power
Spotify is the IBD Stock Of The Day as the music and podcast streaming service pushes through price hikes to improve its profitability.
LA TimesSpotify raises prices on premium plans to boost profits
Spotify is upping the cost of its premium plans in the U.S., in a move that reflects a trend among streaming services to hike prices in pursuit of greater profits.
