Harry and Meghan's Spotify deal comes to an end
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Spotify (SPOT) gains 2% after-hours on upgrade
June 20, 2023 5:01 PM EDTSpotify (NYSE: SPOT) gained 2% after-hours Tuesday after picking up an upgrade at Wolfe Research:
Wolfe Research upgraded shares to Outperform in assumed coverageThe analyst cited near-term margin driversShares of SPOT fell 2% intra-day Tuesday despite reports it is planning a new premium tier, dubbed 'Supremium', according to Bloomberg News.... MoreSpotify (SPOT) planning new premium tier - Bloomberg
June 20, 2023 8:00 AM EDTSpotify (NYSE: SPOT) is planning to offer a more expensive subscription option, dubbed "Supremium," Bloomberg reported Tuesday, citing sources.
The new tier is expected to provide high-fidelity audio and is seen as a move to drive more revenue and appease investors... More
