Spotify stock slides as it tees up a $12.99 U.S. Premium price — what SPOT traders watch next
Spotify's stock slid 2.9% after announcing a $1 increase in its U.S. Premium subscription price to $12.99 starting in February. The move aims to boost revenue per user, but investors are concerned about potential subscriber churn, especially as the company prepares for its next earnings report on February 10. Analysts are watching how this price hike impacts subscriber retention and overall revenue.
https://ts2.tech/en/spotify-stock-slides-as-it-tees-up-a-12-99-u-s-premium-price-what-spot-traders-watch-next/