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Strength Seen in Spotify (SPOT): Can Its 8.2% Jump Turn into More Strength?
SPOTSpotify(SPOT) Zacks Investment Research·2024-04-04 13:20

Spotify (SPOT) shares ended the last trading session 8.2% higher at 291.77.Thejumpcameonanimpressivevolumewithahigherthanaveragenumberofshareschanginghandsinthesession.Thiscomparestothestocks1291.77. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1% gain over the past four weeks.Spotify’s stock price increased on reports that it may raise prices on its plan. Bloomberg reported on Wednesday that Spotify intends to hike its plans’ prices by 1-$2 per month in five markets, including the U.K., Pakistan and Australia, by the end of April. ...