Spotify (SPOT -1.59%) 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.