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Analysts Rally Behind Spotify: Price Targets Raised After 17% Workforce Cut
Tuesday, December 5, 2023 - 5:17pm | 722Spotify Technology SA (NYSE: SPOT) shares are currently trading $196.03 — up 0.96% in the past 24 hours. The spike occurred after the digital music service announced mass layoffs, or roughly 17% of its workforce. This is Spotify's third reduction in the last year. Spotify CEO Daniel Ek...
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Groove As You See Fit: Spotify Users On iPhone To Get 'Right Music' For Workouts Via HealthKit Data
Thursday, December 22, 2022 - 1:41am | 399Spotify Technology S.A. (NYSE: SPOT) is apparently working on a new feature that will allow Apple Inc (NASDAQ: AAPL) iOS subscribers to generate the ideal workout playlists based on their health data via HealthKit. What Happened: Hashtag inventor Chris Messina took to Twitter to...
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Cathie Wood Loads Up $4.6M In Crowdstrike After Q3 Loss Widens, Offloads This Audio Streaming Stock
Thursday, December 1, 2022 - 6:11am | 465Cathie Wood-led ARK Investment Management bought over 39,000 shares of cybersecurity technology company Crowdstrike Holdings Inc (NASDAQ: CRWD) at an estimated valuation of over $4.6 million on Wednesday. The purchase was done via the ARK Next Generation Internet...
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Cathie Wood Slashes $18M Stake In Spotify, Keeps Binging On This Software Company's Shares
Sunday, October 2, 2022 - 8:54pm | 426Cathie Wood-led ARK Investment Management dumped over 200,000 shares of Spotify Technology SA (NYSE: SPOT) on Friday via two of the company’s exchange-traded funds (ETFs). The share sale was valued at over $18 million, based on the latest closing price. Spotify is the 27th largest...