Spotify (SPOT 4.17%) reported revenue, subscribers, and profits increases, which has investors cheering the outcome.
*Stock prices used were the afternoon prices of Nov. 13, 2024. The video was published on Nov. 15, 2024.
Why Is Spotify Stock Soaring, and Is It Still a Buy?
By Parkev Tatevosian, CFA – Nov 16, 2024 at 9:45AM
NYSE: SPOT
Spotify Technology
Market Cap
$131B
Today's Change
(-4.17%) $28.08
Current Price
$645.78
Price as of October 24, 2025 at 4:00 PM ET
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.