Spotify Jumped 14.1% This Week to Continue Hot Streak
SPOTSpotify(SPOT) The Motley Fool·2024-04-05 23:17

A pricing increase was cheered by investors this week. Shares of Spotify (SPOT 4.03%) jumped as much as 14.1% this week after it was reported that the company is considering another price increase in 2024. According to data provided by S&P Global Market Intelligence, shares are trading up 14.3% for the week as of 10:00 a.m. ET on Friday morning and are now up a whopping 119% in the past year. Spotify's rising prices In 2023, Spotify raised prices for the first time in years, with a 1to1 to 2 increase in the ...