Spotify Technology (SPOT) leads in the streaming music race, keeping rivals like Apple at bay. Spotify currently leads the industry with approximately 130 million paying subscribers worldwide. Spotify offers service in 79 countries and territories.
On Wednesday, 17 June’20, the stock recorded unusual volume into the session close. The stock started to explode higher after 11:55am PST.
The SPOT stock price closed at $265 seven trading sessions later, or 37% higher.