SPOT - Spotify Technology S.A.
126.00 +0.45 (0.36%)
After hours: 7:04PM EST
| Previous Close | 128.47 |
| Open | 129.78 |
| Bid | 0.00 x 1200 |
| Ask | 0.00 x 800 |
| Day's Range | 124.71 - 130.12 |
| 52 Week Range | 120.49 - 198.99 |
| Volume | 1,171,222 |
| Avg. Volume | 1,774,479 |
| Market Cap | 22.743B |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -7.63 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 189.79 |
- Bloomberg•2 days ago
Tencent Music Is About to IPO. Can It Beat Spotify?
Dec.11 -- Tencent Music is set to begin trading in the U.S. Wednesday after pricing one share at $13 - toward the lower end of its midpoint range. China's music-streaming service is pinning its fortunes on a rising tide of listeners but challenges abound. The share price of its U.S. counterpart, Spotify, is underwater after its IPO this year. An early Tencent Music investor has sued the company for fraud. And investors are more skittish than bullish on consistent market falls. Ramy Inocencio reports on Tencent Music, as well as Softbank's possible move to sell its entire Nvidia stake for $3 billion as chip stocks falter.
- Yahoo Finance•5 hours ago
Blockchain developer is the fastest-growing job in America, according to LinkedIn
Despite reports that data science roles may be the most in-demand jobs, the professional social network found that “Blockchain developer” was the fastest-growing job over the last 12 months.
TechCrunch•7 hours agoYouTube Music turns its Top Charts into playlists
Earlier this year, Apple Music launched some of its top charts as playlist series. Today, YouTube is doing something similar. The company announced it's making its YouTube Charts available as playlists in YouTube Music to users across the 29 markets where the music service is live.
- Financial Times•23 hours ago
[$$] Tencent Music targets Spotify’s paid streaming model in China
Tencent Music Entertainment is looking to follow the “Spotify model” and convince music fans in China to pay, its chief executive says. TME has entered life as a public company amid a months-long sell-off in technology stocks, including Spotify, which pioneered the model for paid music streaming that TME is trying to emulate.
- InvestorPlace•2 days ago
It’s Too Early to Tell Whether Tencent Music Is a Winner or Loser
It took a while, and there were a lot of twists and turns, but Tencent Music (NYSE:TME) has finally made its debut on Wall Street. Often heralded as China’s Spotify (NYSE:SPOT), Tencent Music stock was forced to go public at $13 per share (the bottom end of its $13 to $15 expected range) due to escalating concerns regarding an economic slowdown in China. Will the successful Tencent Music IPO translate into long-term gains for TME stock?
Reuters•yesterdayChina's Tencent Music debut strikes a chord with investors
Spotify is an investor in the Chinese company. The IPO raised $1.1 billion in proceeds and is one of the largest by a Chinese company in the United States this year, behind the $2.4 billion raised by video streaming company iQiyi Inc (IQ.O), the $1.6 billion garnered by online group discounter Pinduoduo Inc (PDD.O) and the $1.15 billion by electric vehicle maker NIO Inc (NIO.N).
Reuters•yesterdayChina's Tencent Music debut strikes a chord with investors
Spotify is an investor in the Chinese company. The IPO raised $1.1 billion in proceeds and is one of the largest by a Chinese company in the United States this year, behind the $2.4 billion raised by video streaming company iQiyi Inc (IQ.O), the $1.6 billion garnered by online group discounter Pinduoduo Inc (PDD.O) and the $1.15 billion by electric vehicle maker NIO Inc (NIO.N).
- InvestorPlace•yesterday
3 Pros and 3 Cons for Buying Spotify Stock Right Now
Considering the recent state of disappointing initial public offerings, Spotify Technology (NYSE:SPOT) had its back against the wall. Currently, no one in the world has the subscriber base or engagement level that Spotify levers.
- Motley Fool•yesterday
After a Delay, Tencent Music Goes Public in the U.S.
U.S. investors now have an opportunity to invest in the largest music platform in the world.
- Market Realist•yesterday
Tencent Music Raised $1.1 Billion ahead of Listing
Tencent Music Entertainment (TME), the music streaming division of Chinese tech giant Tencent (TCEHY), spun off from its parent company and raised a solid $1.1 billion from its American IPO. Tencent will start trading under the symbol “TME.” TME priced its IPO at the lower end of the $13 to $15 range but still managed to be one of the largest listings of the year despite turbulent markets, which made TME delay its IPO.
- Motley Fool•yesterday
Better Buy: Sirius XM vs. Spotify
The two leading premium music platforms may be music to your ears, but fundamentally speaking, they are not playing in the same key.
