STOCK WATCH: Eventbrite, Spotify and Snap
With more music and music related stock traded on the public markets, Hypebot is stepping up its coverage of the markets, quarterly reports and earnings calls. Here, with a help. Continue reading
Spotify Stock Hits All Time Low After Analysts Downgrade
Spotify stock fell 4.89% on Monday, closing the day at $131.13. That leaves the streamer with a market cap of just under $24 billion. At one point in the day,. Continue reading
Pandora Reports Solid Q3, 6.8M Paid Subscribers
Pandora reported a sold Q3, including adding 784,000 subscribers in Q3, reaching approximately 6.8 million for its various paid services. That's a fraction of Spotify or Apple Music, but when. Continue reading
Spotify [NYSE:SPOT] Announces $1 Billion Stock Buy Back
[UPDATED] Spotify Technology S.A. (NYSE:SPOT) announced that it will begin a $1 billion stock repurchase. Repurchases of up to 10,000,000 in Spotify 'ordinary shares' have been authorized by shareholders and the. Continue reading
Can Spotify Ever Meet Stock Market Expectations?
Spotify stock his an all time low Thursday, despite a solid Q3 report. The drop came after the streamer was honest about its long term plan to put growth over. Continue reading
Spotify Passes 191M Users Fueled By Int’l Growth
[UPDATED] Spotify reported continued user growth as part of an earnings report on Thursday morning. Monthly average users grew 28% year over year to 191 million at the end of Q3.. Continue reading
Spotify Stock Bounces Off Bottom, Analysts Stay Bullish
Spotify [SPOT] stock ticked upward Tuesday, after days of downward trading that saw the streamer hit an all time low. SPOT stock ended the day at $141.68 up 1.85%. It was. Continue reading
Spotify Stock Below IPO Day Price, $6.7B Off Peak Valuation
Spotify stock is continuing to struggle, closing Thursday at $148.96 and just below its $198.99 per share peak just three months ago. That leaves the streamer with a $26.31 billion market. Continue reading
Spotify To Report 3rd Quarter Financials
Spotify (NYSE:SPOT) will post its third quarter 2018 financial results and letter to shareholders on Thursday, November 1, 2018 before the market opens. The streamer will hold a question and. Continue reading
WMG Sells All Spotify Stock, Pays Artists, Labels $126M
Warner Music Group has sold its entire holdings in Spotify stock for $504 million and will begin payments to artists and labels this month, the company announced on an earnings. Continue reading