Shares of Spotify (SPOT) fell by a staggering 28.63% in 30 days from $313.28 to $223.59 at 21:49 EST on Friday, after four consecutive sessions in a row of losses. NYSE Composite (SPOT) is rising 1.44% to $16,415.36, after two successive sessions in a row of gains.
Spotify’s last close was $217.07, 73.28% under its 52-week high of $387.44.
Spotify’s sales growth is 25% for the ongoing quarter and 19% for the next. The company’s growth estimates for the present quarter and the next is 78.9% and 43.7%, respectively.
Year-on-year quarterly revenue growth grew by 16.2%, now sitting on 8.18B for the twelve trailing months.
Spotify’s Stock Yearly Top and Bottom Value
Spotify’s stock is valued at $223.59 at 21:49 EST, way under its 52-week high of $387.44 and way higher than its 52-week low of $123.55.
Spotify’s Moving Average
Spotify’s worth is way under its 50-day moving average of $293.91 and way under its 200-day moving average of $292.49.
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