Spotify: Strong Q3 Tempered By Mixed Outlook

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With a share price of roughly $641, Spotify is one of the “Big Tech” giants across the globe when it comes to audio content consumption. With a record-high $776 per-share price seen in late June, can the company return to that level after enjoying 69% year-over-year growth?


Given the strong Q3 earnings report, there’s a good chance it will happen in the near future — even as a mixed fourth quarter is coming into focus.

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