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Spotify Discontinues Car Thing Device, Shifts Focus to New User Features - Spotify Technology (NYSE:SPOT)

Spotify Discontinues Car Thing Device, Shifts Focus to New User Features - Spotify Technology (NYSE:SPOT)
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Spotify Co-founder Daniel Ek Cashes Out More Spotify Stock, Shifts Focus to Tech and Climate Startups

Daniel Ek, the co-founder of Spotify Technology SA (NYSE:SPOT), has recently sold 650,000 company shares through two transactions, marking a significant increase in stock sales compared to previous years. The series of sales, valued at about $179 million, represents Ek’s strategic financial planning despite still holding a 7% stake in Spotify, a significant component of his $4.4 billion net worth. Spotify’s stock has risen significantly, increasing by 267% since late 2022, according to Bloomberg

Wikimedia commonsJeff bezosMichael dellSpotify technologyPremium subscribersGlobalx social mediaProshares on demandStock market gameBenzinga proDay trialShifts focusClimate startups

Spotify Stock Sheds All Gains After Q1 Earnings, But Analysts Are Impressed With the Performance - Spotify Technology (NYSE:SPOT)

Spotify reported strong Q1 earnings with revenue of $3.95B, beating expectations. Analysts raise price target and predict growth in 2024.

Piper sandlerEric sheridanDoug anmuthMatt farrellSpotify technologyGoldman sachsPremium subscribersGlobalx social mediaProshares on demand

Music Giant Spotify s Q1 Surprise: Investors Cheer Premium Subscriber Growth And Profit Bump - Spotify Technology (NYSE:SPOT)

Spotify (NYSE:SPOT) reports Q1 2024 revenue of €3.64B, beating estimates. Premium revenue up 20%, MAUs up 19%, gross margin improves. Stock up 107%.

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Spotify s Q1 Outlook: Analyst Anticipates Surge in Subscriber Base and Revenue Per User - Spotify Technology (NYSE:SPOT)

Keybanc analyst maintains Overweight rating for Spotify (SPOT) and raises price target from $300 to $350. Positive outlook for 2024-2026 revenue and profitability. Analyst notes potential for stock growth.

Netflix incJustin pattersonSpotify technologyPremium subscriberGlobalx social mediaProshares on demand

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