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Getting technical with Spotify: Day traders vs. institutional holders vs. HFT

Yahoo Finance's Jared Blikre and Myles Udland break down the trading action in Spotify, which opened for trading on the New York Stock Exchange under the ticker SPOT at 12:43 pm ET on April 3, 2018 at 165.90. Twenty-four hours later it had sunk as low as 18% from its opening price despite a 1+% rally in the broader market.