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.