Previous close | 0.2700 |
Open | 0.3300 |
Bid | 0.1000 |
Ask | 0.3500 |
Strike | 135.00 |
Expiry date | 2023-02-17 |
Day's range | 0.3300 - 0.3500 |
Contract range | N/A |
Volume | |
Open interest | 70 |
Spotify CEO Daniel Ek admitted he overspent in 2022 and plans to tighten up this year as Spotify moves past what it is calling a peak investment year.
Spotify’s losses ballooned at the end of last year as the streaming service splurged on new podcasts and expensive hosts.
Spotify (SPOT) delivered earnings and revenue surprises of -11.72% and 0.83%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?