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Spotify Technology S.A., also called Spotify, is a digital music service offering music fans instant access to a world of music. The company operates through the following segments: Premium and Ad-Supported. Read More The Premium segment provides subscribers with unlimited online and offline high-quality streaming access of music and podcasts on computers, tablets, and mobile devices, users can connect through speakers, receivers, televisions, cars, game consoles, and smart watches. It also offers a music listening experience without commercial breaks. The Ad-Supported segment provides users with limited on-demand online access of music and unlimited online access of podcasts on their computers, tablets, and compatible mobile devices. It also serves both premium subscriber acquisition channel and a robust option for users who are unable or unwilling to pay a monthly subscription fee but still want to enjoy access to a wide variety of high-quality audio content. The company was founded by Daniel Ek and Martin Lorentzon in April, 2006 and is headquartered in Luxembourg.
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Jack Kramer & Nick MartellManaging Editors of News & Snacks at Robinhood Financial LLC
Spotify falls after Apple launches new services bundle
A trader is reflected in a computer screen displaying the Spotify brand before the company begins selling as a direct listing on the floor of the New York Stock
Why Spotify's Stock Is Trading Lower Today
Spotify Technology S.A. (NYSE: SPOT) shares are trading lower after Amazon.com, Inc.'s (NASDAQ: AMZN) Amazon Music announced it's launching podcasts in the US,
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Expected Oct 26, Pre-Market