Is Spotify Stock A Buy. Spot ) was in 48 hedge funds' portfolios at the end of the fourth quarter of 2020. 5 reasons to buy spotify stock despite the disappointing earnings call, don't bail on spot stock just yet by theodore kim aug 8, 2019, 3:05 pm edt august 8, 2019
Freemium model seems to work, and does for giants like skype, pandora, and others. However, can the stock rebound on the back of the company’s positive developments in the podcasts segment? Is spot stock a buy or sell?
Spotify stock has had a tremendous run in 2020, beginning the year at $150 per share and closing at $317 as of this writing.
The three months to end of september). Spot ) was in 48 hedge funds' portfolios at the end of the fourth quarter of 2020. Buying spotify stock under these circumstances sounds like a downright irresponsible idea, especially when the stock is trading at 160 times free cash flow. The all time high for this statistic is 67.
