Previous close | 52.76 |
Open | 49.60 |
Bid | 47.00 |
Ask | 51.00 |
Strike | 450.00 |
Expiry date | 2026-01-16 |
Day's range | 49.60 - 49.60 |
Contract range | N/A |
Volume | |
Open interest | 107 |
The average brokerage recommendation (ABR) for Spotify (SPOT) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Spotify said that the move will enable them to better connect global audience with Korean music, which includes K-pop. Users in South Korea can now sign-up for a free account to access Spotify's playlists, podcasts, and daily mix among others and can further choose to upgrade to premium on-demand, ad-free music. "Brands who advertise on Spotify's free tier can deliver their message effectively as Spotify ads capture twice as much attention than social media platforms globally," the company said.
In the most recent trading session, Spotify (SPOT) closed at $373.98, indicating a +0.97% shift from the previous trading day.