ANOTHER STOCK SURGE FOR SPOTIFY

Spotify's stock surged above $172.00 on 7/13, its highest position in over a year. The streaming giant's stock continues its steady ascension since the end of 2022, more than doubling its market cap to $33.3b.

The 100%+ gains arrive as the biz awaits for the world's largest music streaming service to join its peers in raising its base subscription price. When that happens remains to be seen. Either way, Wall Street is very bullish on the company's rebound.