Spotify Technology S.A. SPOT shares are trading higher following reports from The Verge that the company wil.l. raise its prices go the Spotify Family from $14.99 to $15.99 per month in the U.S.
Spotify is one of the world's largest music streaming service providers, with over 150 million total listeners.
Spotify's stock was trading about 4.4% higher to $296.84 on Monday at the time of publication. The stock set a new 52-week high today at $387.44 and has a 52-week low of $139.01
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