News That Matters

Spotify: Great Business But Poorly Managed (NYSE:SPOT)

Music, relax and woman on a chair for peace, calm and happiness in the living room of her house. Face of a young girl sleeping with audio, radio or podcast in her headphones in the lounge of her home

Delmaine Donson/E+ via Getty Images


Spotify (NYSE:SPOT) is a great business trading at a market capitalization of $24 billion or a price-to-sales ratio of 1.9. With almost 500 million monthly active users and over 200 million paying customers, Spotify is the music and podcast industry leader, and

Source link