Why Spotify (SPOT) Dipped More Than Broader Market Today
Spotify (SPOT) closed the most recent trading day at $722.35, moving -5.86% from the previous trading session. This change lagged the S&P 500's daily loss of 0.11%. Meanwhile, the Dow experienced a rise of 0.91%, and the technology-dominated Nasdaq saw a decrease of 0.82%. Shares of the music-streaming service operator witnessed a gain of 14.19% over the previous month, beating the performance of the Computer and Technology sector with its gain of 8.76%, and the S&P 500's gain of 5.17%.Market participants w ...