Spotify (SPOT) Suffers a Larger Drop Than the General Market: Key Insights

Spotify (SPOT) closed the latest trading day at $300.98, indicating a -1.31% change from the previous session's end. This change lagged the S&P 500's 0.88% loss on the day. On the other hand, the Dow registered a gain of 0.08%, and the technology-centric Nasdaq decreased by 1.95%. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.98 per share and revenue of $16.92 billion. These totals would mark changes of +268.81% and +18.09%, respectively, from last yea ...