Joe Roggin‘s podcast controversy had, until the Closing Bell on Wednesday, generated enough negative press to agitate investors in Spotify. On January 27, shares dipped to $171.32, a dip from nearly $235 per share seen on January 11.
While Spotify rebounded to $203.62 on Tuesday, the comeback fizzled. Then came Spotify’s fourth quarter 2021 results, sending SPOT down by more than 21% in early after-market trading on the NYSE.
![Spotify logo [Photo: Bryce Durbin]](https://rbr.com/wp-content/uploads/Bryce-Durbin-Spotify.jpg "Bryce Durbin Spotify")
