Spotify plans more expensive subscription tier - Bloomberg News

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Spotify (SPOT) gains 2% after-hours on upgrade

June 20, 2023 5:01 PM EDT

Spotify (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.... More