Shares of Spotify (SPOT) dropped by a staggering 30.07% in 30 days from $319.73 to $223.59 at 21:40 EST on Sunday, after four sequential 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 ongoing 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 21:40 EST, way below its 52-week high of $387.44 and way above its 52-week low of $123.55.
Spotify’s Moving Average
Spotify’s value is way under its 50-day moving average of $293.91 and way below its 200-day moving average of $292.49.
Previous days news about Spotify (SPOT)
Spotify CEO daniel ek says he bid for arsenal football club. According to Bloomberg Quint on Saturday, 15 May, "The Spotify CEO said he respects the decision, and remains "interested and available should that situation ever change."
More news about Spotify (SPOT).