Ralph Tashjian | SPOTIFY MARKET CAP SOARS ABOVE $30BN IN WAKE OF NEWS IT’S DIRECTLY LICENSING ARTISTS
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SPOTIFY MARKET CAP SOARS ABOVE $30BN IN WAKE OF NEWS IT’S DIRECTLY LICENSING ARTISTS

Spotify’s share price closed on the New York Stock Exchange at an all-time high on Friday (June 8) – pushing the company’s market cap comfortably above $30bn.

The below market summary, courtesy of Google Finance, shows how Spotify’s stock price consistently climbed in the eight trading days following Tuesday, May 29 – up to $171.48 at the close of last week.

musicbusinessworldwide.com

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