|Bid||255.86 x 1400|
|Ask||256.05 x 1000|
|Day's range||252.57 - 257.69|
|52-week range||211.10 - 387.44|
|Beta (5Y monthly)||1.52|
|PE ratio (TTM)||N/A|
|Earnings date||27 Jul 2021 - 02 Aug 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||318.90|
Facebook (FB) launches Live Audio Rooms and podcasts on its platform for public figures and select users in the United States in an attempt to expand its presence in the live audio services market.
The steady rise of podcasts as the next step in audio entertainment has attracted many businesses to the space, but music streamer Spotify (NYSE: SPOT) has been the most aggressive. From starting its own advertising network to buying studios and distribution platforms, the Swedish company is pouring hundreds of millions, if not billions, of dollars into podcast initiatives. One headline-grabbing tactic has been Spotify's multimillion-dollar deals with popular content creators to host them exclusively on Spotify.
Kristo Kaarmann, Wise's chief executive and co-founder, spoke to Yahoo Finance UK about his business's plans to go public through a direct listing in London.