Spotify’s once-searing stock is now staring at sub-$100 valuations — though analysts are still saying ‘Buy’. Shares of Spotify (SPOT) crashed to another all-time low in Tuesday trading, with a sub-$120 valuation briefly brushed. By the Wall Street bell at 4 pm ET, SPOT was resting at $120.51, barely above the $120-mark. Downward pressure continued after […]
The post Spotify’s Stock Crashes Below $120 for the First Time Ever — $14.2 Billion In Market Cap Lost In 5 Months appeared first on Digital Music News.