{
Prince Harry, Duke of Sussex

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spotify stock soars to record highs after major business overhaul

Spotify's stock has surged to nearly $500, recovering from a low of under $80 at the end of 2022, following a significant business overhaul and a strategic pivot away from podcasts. The company is on track for its first full-year profitability, with a market cap soaring to about $100 billion from $15 billion two years ago. CEO Daniel Ek highlighted the company's improved gross margin, now at 31.1%, as evidence of strong execution and progress toward long-term goals.
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United States Dollar Spotify Technology S.A. SWE Prince Harry, Duke of Sussex Joe Rogan Kim Kardashian Daniel Ek Show more
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15:30 22.12.2024
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