Spotify Stock Skyrockets 153% YTD: Here's How You Should Play It

Spotify Technology S.A. (SPOT) stock has experienced a 153% upsurge this year, surpassing the industry’s 64% rally and the 26% rise of the Zacks S&P 500 composite.Year-to-Date Price Performance  Image Source: Zacks Investment Research In the most recent trading session, the stock closed at $475.24, nearing its 52-week high of $489.69. SPOT is trading above its 50-day moving average, reflecting bullish investor sentiment.SPOT Stock Trades Above 50-Day Average Image Source: Zacks Investment Research With SPOT ...