Shares of Spotify slid by a staggering 20.32% in 7 days from $310.86 to $247.69 at 20:55 EST on Monday, following the last session’s downward trend. NYSE Composite is rising 0.65% to $16,325.24, following the last session’s downward trend,
Spotify’s last close was $252.12, 56.42% under its 52-week high of $387.44.
Spotify’s sales growth is 24.3% for the current quarter and 18.3% for the next. The company’s growth estimates for the ongoing quarter and the next is 73.5% and 32.4%, 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 $247.69 at 20:55 EST, way under its 52-week high of $387.44 and way above its 52-week low of $123.55.
Spotify’s Moving Average
Spotify’s worth is way below its 50-day moving average of $293.91 and way under its 200-day moving average of $292.49.
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