Spotify's stock market debut strikes a chord with investors
SAN FRANCISCO (AP) " Spotify's opening act on Wall Street struck a chord with investors betting the unprofitable company's trend-setting music streaming service will maintain its early lead over Apple and other powerful challengers.After several hours of anticipation Tuesday morning, Spotify's shares traded as high as $169 in their stock market debut before falling back slightly. The stock closed at $149.01 " well above its previous high of $132.50 in deals worked out during Spotify's [...]
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