News

Published on 29 May 2024 on Bloomberg via Yahoo Finance

Spotify Profit Push Emboldens Bulls and Spurs Record Win Streak


Article preview image

(Bloomberg) -- It’s been less than a year since Spotify Technology SA raised prices on its US premium plans for the first time, and investors who bought into Chief Executive Officer Daniel Ek’s strategy have been rewarded with a roughly 80% jump in the stock.

Most Read from Bloomberg

World’s Largest Nuclear Plant Sits Idle While Energy Needs SoarWarning Signals Are Flashing for Homeowners in Texas and Florida‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpInsurers Sink as UnitedHealth Sees ‘Disturbance’ in MedicaidAmerican Air Fired Commercial Head After Sales Strategy Alienated Corporate Clients

NYSE.XPEV price evolution
NASDAQ.DSGX price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
The Descartes Systems Group Inc (DSGX) Q2 2025 Earnings Report Preview: What To...

The Descartes Systems Group Inc (NASDAQ:DSGX) is set to release its Q2 2025 earnings on Sep 4, 20...

GuruFocus.com · via Yahoo Finance 20 Aug 2024

Stephens upbeat on Descartes shares amid strong growth By Investing.com

On Thursday, Stephens, a financial services firm, increased the price target for Descartes...

Investing.com 30 May 2024

Spotify Profit Push Emboldens Bulls and Spurs Record Win Streak

(Bloomberg) -- It’s been less than a year since Spotify Technology SA raised prices on its US pre...

Bloomberg via Yahoo Finance 29 May 2024

Cadence (CDNS) Surges 26.2% in a Year: Will the Trend Last?

Cadence Design Systems, Inc CDNS is continuing its upward trajectory, with a gain of 26.2% in the...

Zacks via Yahoo Finance 29 May 2024

Onto Innovation (ONTO) Up 122% in a Year: Will the Rally Last?

Onto Innovation ONTO is continuing its upward trajectory, with a gain of 121.5% in the past year ...

Zacks via Yahoo Finance 24 May 2024

RBC ups Descartes shares target, cites acquisition moves By Investing.com

On Friday, RBC (TSX:RY) Capital adjusted its outlook on Descartes (NASDAQ:DSGX) Systems Group Inc...

Investing.com 24 May 2024

Onto Innovation (ONTO) Q1 Earnings & Revenues Top, Up Y/Y

Onto Innovation Inc ONTO reported first-quarter 2024 earnings of $1.18 per share, which beat the ...

Zacks via Yahoo Finance 10 May 2024

Sonos (SONO) Swings to Loss in Q2, Revenues Decline Y/Y

Sonos, Inc. SONO reported second-quarter fiscal 2024 non-GAAP loss per share of 34 cents. It had ...

Zacks via Yahoo Finance 9 May 2024

GoPro (GPRO) Reports Q1 Loss, Revenues Surpass Estimates

GoPro, Inc GPRO reported first-quarter 2024 non-GAAP loss of 21 cents per share, narrower than th...

Zacks via Yahoo Finance 9 May 2024

Calculating The Intrinsic Value Of The Descartes Systems Group Inc. (TSE:DSG)

Key Insights Descartes Systems Group's estimated fair value is CA$133 based on 2 Stage Free Cash ...

Simply Wall St. via Yahoo Finance 8 May 2024