Spotify Technology SANYSE: SPOT

Spotify (SPOT) reachead $384.50 at the closing of the latest trading day, reflecting a -0.16% change compared to its last close.

The 2024 presidential election marks a meteoric shift in media consumption from traditional to independent media. Spotify is the big winner.

Investors usually see one way to get exposure to a stock and the direction in which they expect this stock to move in the future: to buy shares of the stock itself ahead of an event. However, there is another way to get exposed to a company's underlying directional move, which can give investors a certain level of leverage for a big payoff if they're right.

Recently, Zacks.com users have been paying close attention to Spotify (SPOT). This makes it worthwhile to examine what the stock has in store.

Music streaming company Spotify said today that it is testing music videos for premium users in 85 additional markets. The company first ran a video experiment in limited markets in March.

Given the continuous rise in SPOT shares, we examine the stock's current position to determine whether to go for it or wait for a correction.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Spotify's free music and podcasts service option is now available in South Korea, the audio streaming platform said on Thursday, as it looks to widen its audience base.

In the most recent trading session, Spotify (SPOT) closed at $373.98, indicating a +0.97% shift from the previous trading day.