Accessibility Menu
Arrow-Thin-Down
S&P 500
6,777.66
-1.3%
-91.84
Arrow-Thin-Down
DJI
47,724.23
-2.1%
-1,015.18
Arrow-Thin-Down
NASDAQ
22,516.24
-1.3%
-291.24
Arrow-Thin-Down
Bitcoin
$70,973.00
-3.3%
-$2,390.98
Arrow-Thin-Down
AMZN
$217.46
+0.3%
+$0.64
Arrow-Thin-Down
GOOG
$298.33
-1.7%
-$5.12
Arrow-Thin-Down
META
$653.15
-2.2%
-$14.58
Arrow-Thin-Down
MSFT
$408.81
+0.9%
+$3.61
Arrow-Thin-Down
NVDA
$179.36
-2.0%
-$3.68
Arrow-Thin-Down
TSLA
$400.98
-1.2%
-$4.96
Most Active StocksDaily Stock GainersDaily Stock Losers

This Is Spotify's Biggest Test Yet

Spotify is raising prices again, and if customers don't push back it will be a great sign for the company.

By Travis Hoium – Jun 27, 2024 at 4:15AM EST

Spotify's (SPOT +1.80%) service is now more expensive than competitors', a sign that it's leaning into being the power player in music. If investors don't push back it could lead to margin improvements and better stock performance, which Travis Hoium covers in this video.

*Stock prices used were end-of-day prices of June 25, 2024. The video was published on June 26, 2024.

Read Next

About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
TMFFlushDraw
X@travishoium

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet, Apple, Snap, and Spotify Technology. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, and Spotify Technology. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Spotify Technology Stock Quote
Spotify Technology
NYSE: SPOT
$543.65
(+1.79%)+$9.56
Apple Stock Quote
Apple
NASDAQ: AAPL
$258.83
(-1.41%)-$3.70
Alphabet Stock Quote
Alphabet
NASDAQ: GOOGL
$298.34
(-1.58%)-$4.79
Amazon Stock Quote
Amazon
NASDAQ: AMZN
$217.37
(+0.25%)+$0.55
Meta Platforms Stock Quote
Meta Platforms
NASDAQ: META
$652.84
(-2.23%)-$14.89
Alphabet Stock Quote
Alphabet
NASDAQ: GOOG
$298.56
(-1.61%)-$4.89
Snap Stock Quote
Snap
NYSE: SNAP
$5.27
(-1.82%)-$0.10

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services