Spotify shares are trading higher. The company earlier in the week announced price increases for Premium plans.
Portfolio Pulse from Benzinga Newsdesk
Spotify shares are trading higher following the company's announcement of price increases for Premium plans earlier in the week.
June 14, 2024 | 7:21 pm
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POSITIVE IMPACT
Spotify shares are trading higher after the company announced price increases for its Premium plans earlier in the week.
The price increase for Premium plans is likely to boost Spotify's revenue, which is positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100