Market Overview

Why Spotify's Stock Is Trading Higher Today


Spotify Technology (NYSE: SPOT) shares are trading higher Thursday.

The company announced earlier in the week that the Joe Rogan podcast will be exclusively on Spotify in a licensing deal reportedly worth $100 million.

Spotify, headquartered in Stockholm, Sweden, is one of the world's largest music streaming service providers, with over 150 million total listeners.

Spotify shares were trading up 2.98% to $195.48 at time of publication on Thursday. The stock has a 52-week high of $196.75 and a 52-week low of $109.18.

Related Links:

Analysts React To Joe Rogan's Spotify Deal: 'This Is Undoubtedly A Coup'

The Obamas Are Bringing Podcasts To Spotify


Related Articles (SPOT)

View Comments and Join the Discussion!

Posted-In: why it's movingNews