So Spotify's results have been pretty solid and the stock is up solidly this year. For me, it's a fine business and I might buy a little at a lower price, but the price is too high at the moment.
How do you feel about $SPOTstock ?
Osobní pohled člena komunity, ne investiční doporučení. Pravidla komunity
AA
The current trend is truly exemplary. Congratulations to all who have bought. I'm not. But Spotify has been struggling a lot with Apple Music lately. Here in Europe it's pretty much winning, but it's the US that's weaker. They had to raise the price if I'm not mistaken. That's how they got above Apple. Still, the numbers are very good.
BC
Agreed, Apple Music is competition, but the company is still very successful.