5/30/2023 0 Comments Spotify stock reboundSpotify purchased the exclusive rights to distribute Rogan's podcast for $100 million in 2020, The Washington Post reported. Whats driving the turnaround, and can investors expect it to. On Monday, investors appeared to shrug off the controversy that hurt shares last week, as Spotify’s stock price jumped 12after brokerage Citigroup raised the stock rating to buy from neutral saying the Swedish company would be able to improve its advertising business. The most optimistic analyst expects the company to generate 2023 EPS of 3.29. A few rough months for the stock and credit markets have turned into a summer rebound. Spotify Technology SA (SPOT) Popular music streaming service Spotify rounds out the top 10 holdings. Other outlets later challenged the credentials of some of the letter's signatories. Listen on Apple Podcasts Listen on Google Podcasts Listen on Spotify. Analysts, on average, expect Spotify’s earnings per share (EPS) to come in at 4 cents this year and 1.11 in 2022. ARKK Innovation ETF Stock News: Rebounds from two. Peter McCullough and Robert Malone - both of whom have been accused of spreading COVID misinformation - on his show, which draws millions of listeners per episode.Ī few weeks before Young lodged his protest, 270 medical experts signed a letter demanding Spotify rein in Rogan, The Guardianreported. Rogan has drawn criticism for interviewing Drs. Spotify also announced on Sunday it will add a content advisory to any podcast episode that discusses COVID-19. The Joe Rogan Experience host posted a video on Instagram Sunday night in which he defended interviewing guests who "have an opinion that's different from the mainstream narrative," but also acknowledged that he could "do better" in the future by interviewing "more experts with differing opinions right after I have the controversial ones." Spotify Stock Rebound Continues As KeyBanc Sets 340 Target Price Dylan Smith SeptemThe per-share value of Spotify stock (NYSE: SPOT) grew by nearly 2.3 percent during today’s trading.
0 Comments
Leave a Reply. |