Spotify insiders vote for stock buyback to juice share price while Congress raises questions over streaming payola [Op-Ed]
Spotify [NYSE: SPOT] recently announced plans for a second billion-dollar stock buyback. Artist advocate Chris Castle writes that the move will inflate the share price and enrich key shareholders with. Continue reading
Spotify Q2 Financials Point To A Profitable Future
Those who believe that Spotify will never be a profitable company may soon be forced to reevaluate their position. Today, the streamer reported that its second-quarter operating loss shrunk dramatically. Continue reading
What To Expect From Today’s Spotify [SPOT] Earnings Call
[UPDATED] Spotify (NYSE: SPOT) will report earnings results for the second quarter of 2019 on Wednesday before the market opens. While continued growth is expected, analysts disagree on how far. Continue reading
Spotify [SPOT] Schedules Next Earnings Report
Spotify [SP0T] will share its second quarter 2019 financial results in a call with shareholders and analysts on Wednesday, July 31st before the market opens. Spotify stock has shown strength. Continue reading
Spotify Stock Predicted To Rise 38% Say 14 Top Analysts
Spotify (NYSE:SPOT) stock has an average rating of 1.69 (Buy) from the twenty one analysts that cover the company, according to Zacks Investment Research. Only one analyst has rated the. Continue reading
Spotify [SPOT] Stock Drops On Threat From Amazon Music [UPDATED]
UPDATE: Spotify stock closed down 4.42% Monday on news that Amazon was close to launching a free ad-supported music service. With the exception of Pandora's radio-like free offering, no other. Continue reading
Eventbrite Stock Down 30% On Higher Than Expected Loss, Weak Revenue Projections [UPDATE]
UPDATE: Eventbrite shares fell sharply Friday morning, after the company issued a first-quarter revenue outlook below Wall Street expectations. The independent ticketing company predicted first-quarter revenue of $80 million to. Continue reading
Twitter Stock ↓10% Despite 5th Consecutive Quarterly Profit, Rise In Daily Active Users
UPDATE: Twitter posted its fifth profitable quarter in a row on Thursday in a pre-market report to investors. But that was not enough to satisfy the market which sent the. Continue reading
Spotify (SPOT) Stock Continues To Fall
Spotify (SPOT) stock fell 2.83% Wednesday after the streamer's Q2 earnings report and news of two major acquisitions. The stock was trading down another 2.21% at $132.46 in pre-market trading. Continue reading
Spotify Stock Surging After Positive Valuations
Spotify stock closed Thursday at $133.25 and was up another 2.46% to $136.40 in pre-market trading Friday. That's a jump of more than 20% since Christmas eve. The price rise. Continue reading
