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Spotify Technology S.A. (SPOT)
250.10 -0.66 (-0.26%)
After hours: 4:34PM EDT
| Previous close | 254.43 |
| Open | 259.00 |
| Bid | 249.50 x 1000 |
| Ask | 250.89 x 1000 |
| Day's range | 250.01 - 259.19 |
| 52-week range | 109.18 - 299.67 |
| Volume | 1,609,481 |
| Avg. volume | 2,985,275 |
| Market cap | 46.838B |
| Beta (5Y monthly) | 1.65 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -7.63 |
| Earnings date | 26 Oct 2020 - 30 Oct 2020 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 253.23 |
- Motley Fool
Spotify's Virtuous Cycle Is Just Getting Started
Spotify (NYSE: SPOT) CEO Daniel Ek described a virtuous cycle around podcasts on several occasions during the company's second-quarter earnings call. In 2013, Netflix executives said they'd view long-term success as "having substantially larger revenue [versus competitors] and therefore sustainable increasing content, tech, and marketing spending, leading to further growth, and a virtuous cycle." Indeed, Netflix has proven that cycle works very well over the last seven years, growing its subscriber base while increasing pricing.
- Motley Fool
3 High-Growth Stocks to Buy Now
High-growth stocks often come from some of the most disruptive and innovative companies on the market. The three companies that I think are great growth stocks and hold a durable competitive advantage are Spotify (NYSE: SPOT), Okta (NASDAQ: OKTA), and Zendesk (NYSE: ZEN). Spotify was built on making the world's music accessible to users with ad-supported or premium monthly plans.
- Motley Fool
The New York Times Doubles Down on Podcasts With "Serial" Acquisition
Podcasts have taken the media industry by storm. A recent study by Infinite Dial indicated that the podcast industry is growing at a rapid rate with over 100 million Americans having listened to a podcast in the last month. With kind of fan base, it should come as no surprise that media companies such as Spotify (NYSE: SPOT) and The New York Times (NYSE: NYT) are investing in this space to have a presence where listeners are increasingly getting their news and entertainment.
