Spotify (SPOT) Laps the Stock Market: Here's Why

In the latest close session, Spotify (SPOT) was up +1.67% at $728.47. The stock exceeded the S&P 500, which registered a gain of 0.26% for the day. On the other hand, the Dow registered a gain of 0.15%, and the technology-centric Nasdaq increased by 0.48%. Coming into today, shares of the music-streaming service operator had gained 5.08% in the past month. In that same time, the Computer and Technology sector gained 7.4%, while the S&P 500 gained 2.87%. Market participants will be closely following the fina ...