Spotify Stock Soars Over 100% in 2024: Is More Upside Ahead?

Spotify Technology S.A. (SPOT) stock has surged 142% this year, significantly outpacing the technology services industry’s 50% growth and the Zacks S&P 500 composite’s 25% return.Image Source: Zacks Investment ResearchLet’s evaluate SPOT’s position to determine if its current levels offer an attractive opportunity for investors.SPOT Stock Surges Amid Revenue Rebound Price HikesSpotify has demonstrated a remarkable turnaround in 2024 by successfully re-accelerating its revenue growth. After experiencing a sl ...