Spotify’s share price dropped as much as 9% on Wednesday (Feb. 3) following the company’s earnings release for the fourth quarter of 2020. By the end of the day, Spotify traded at $317.56, down 7.97% from Tuesday’s closing price, and lost $5.27 billion of market capitalization. Investors didn’t drive the price down because of Spotify’s […]source https://michaelantonio.biz/2021/02/03/spotifys-market-value-drops-5-3b-due-to-underwhelming-2021-guidance/
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