Breaking: Spotify (SPOT) makes its unconventional trading debut

Spotify's unusual path to going public on the New York Stock Exchange sparked curiosity among tech watchers and traders keen to see how the popular streaming service would fare on its first official day of trading.

The answer came swiftly, with shares in the newly created SPOT soaring 26 percent on Tuesday morning.

Spotify is valued at an estimated $19 billion and currently trading at $154.

Who else is looking into buying Spotify?

Share this post


Link to post
Share on other sites

being thinking about buying shares with them, since i use there their product. Only thing is they have never made a profit. Now that they are listed public they may be forced to up the subscriptions prices to meet investors expectations!

  • Like 1

Share this post


Link to post
Share on other sites

Right. They'll have to do a good job of converting "freemium users" into premium. I have high hopes for Spotify and their future. 

Share this post


Link to post
Share on other sites
Sign in to follow this  
Followers 0