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Spotify stock is trading at all-time highs just 2 years after a record low. Here's how it got there.
stock :: 7hrs ago :: source - yahoo finance
By Alexandra Canal
At the end of 2022, Spotify (SPOT) stock was trading below $80 a share after a disastrous year for investors that erased over $35 billion from the company's market cap.
Today, shares are trading at just under $500. The audio giant is on track to hit full-year profitability for the first time ever. And its market cap? About $100 billion, up from just $15 billion two years ago.
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