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Massive News for Spotify Investors

Another price increase could be coming to Spotify.

By Travis Hoium – Apr 3, 2024 at 8:00AM EST

Spotify (SPOT +3.91%) stock popped on Wednesday after Bloomberg reported that more price increases could be coming to Spotify. This would increase revenue, and a new product line extension with audiobooks could play a major role in the changes.

In this video, Travis Hoium covers the latest at Spotify.

*Stock prices used were end-of-day prices of April 3, 2024. The video was published on April 3, 2024.

Read Next

About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Spotify Technology. The Motley Fool has positions in and recommends Netflix and Spotify Technology. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Spotify Technology Stock Quote
Spotify Technology
NYSE: SPOT
$488.97
(+4.03%)+$18.96
Netflix Stock Quote
Netflix
NASDAQ: NFLX
$98.64
(+3.23%)+$3.09

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