Spotify Jumped 14.1% This Week to Continue Hot Streak
Spotify(SPOT) The Motley Fool·2024-04-05 15:17A pricing increase was cheered by investors this week.Shares of Spotify (SPOT 4.03%) jumped as much as 14.1% this week after it was reported that the company is considering another price increase in 2024. According to data provided by S&P Global Market Intelligence, shares are trading up 14.3% for the week as of 10:00 a.m. ET on Friday morning and are now up a whopping 119% in the past year.Spotify's rising pricesIn 2023, Spotify raised prices for the first time in years, with a $1 to $2 increase in the U.S ...