2 Things Investors Should Know Before Buying Spotify's Stock
The past year has been tough for high-growth tech companies as investors adjusted to the changing macro-economic environment, including higher interest rates. Spotify Technology (NYSE: SPOT), like many of the growth stocks on the market, experienced a huge decline in its share price -- around 66% from its 52-week high set in October 2021.
The lower share price has attracted the attention of potential bargain buyers (like myself). After spending some time digging into the company, here are two things that I learned about Spotify that might help investors better understand the stock and its prospects for future growth.
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Source Fool.com
