SPOT Jan 2025 350.000 put
| Previous Close | 66.20 |
| Open | 66.20 |
| Bid | 65.30 |
| Ask | 72.10 |
| Strike | 350.00 |
| Expire Date | 2025-01-17 |
| Day's Range | 66.20 - 66.20 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 5 |
ReutersSpotify raises prices of its US premium plans
Spotify has been trying to boost its margins in recent months by lowering marketing spending and through layoffs, after relying on promotions and hefty investments to drive user growth.
ReutersSpotify raises U.S. prices of its premium plans in margin push
On a monthly basis, Spotify has raised prices of its individual plan to $11.99 from $10.99, duo plan to $16.99 from $14.99 and its family plan to $19.99 from $16.99 in the U.S. Spotify has been trying to boost its margins in recent months by lowering marketing spending and through layoffs, after relying on promotions and hefty investments to drive user growth. "We're increasing the price of Premium Individual so that we can continue to invest in and innovate on our product offerings and features," Spotify said in an email, which it plans to send to its subscribers in the U.S. over the next month.
Investor's Business DailyMusic Streamer Spotify Seen Cranking Up Profits This Year
Spotify stock has room to run higher this year as the streaming music leader shows improved profitability, a Wall Street analyst says.
