A look at Spotify’s chart after its post-earnings jump — and where it can go from here

  • 📰 CNBC
  • ⏱ Reading Time:
  • 3 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Breaking News: Markets Notícia

Markets,Spotify Technology SA,Communication Services Select Sector SPDR Fund

Spotify reported second-quarter results that beat top and bottom line expectations, sending the stock surging 11%

. This reaction is especially encouraging, as it's happening during a tumultuous market environment with lots of geopolitical and domestic political uncertainty. Against this backdrop, it helps to understand a stock's technicals, fundamentals and broader market environment drivers. Let's take a top-down look at Spotify. Spotify is part of the newer communications sector that was launched in 2018. The heavyweights in this group are Alphabet, Meta and Netflix.

Click here for the full disclaimer.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes