Spotify: Who's There? TikTok - Buy
Spotify(SPOT) Seeking Alpha·2024-10-03 00:54
I maintain my buy rating on Spotify (NYSE: SPOT ) after TikTok ( BDNCE ) announced it was shutting down TikTok Music last Tuesday. The stock outperforms the S&P500 and peer group on both the three and six-month charts, up 17% and I'm a retired Wall Street PM specializing in TMT; my educational background is a bachelor's in Finance and Economics, and an MBA from Columbia, after which I directly began my career on Wall Street. Since kickstarting my career, I've spent over two decades in the market navigating ...