Here's Why Spotify (SPOT) Gained But Lagged the Market Today
SPOTSpotify(SPOT) ZACKS·2024-11-09 07:51

Spotify (SPOT) ended the recent trading session at $400.68, demonstrating a +0.21% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.38%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 0.09%.Prior to today's trading, shares of the music-streaming service operator had gained 5.78% over the past month. This has lagged the Business Services sector's gain of 11.43% and outpaced the S&P 500's gain of 4.9% in that time.Analysts and ...