Here's What Shareholders Need to See From Spotify's Investor Day
Over the last 12 months, investors seem to have lost patience for companies investing heavily now in hopes of long-term profits down the road. One of the companies that has felt that change in investor sentiment at a sizeable level is Spotify (NYSE: SPOT).
Shares of the world's largest audio streaming platform have now declined by more than half over the last 12 months and are even sitting well below its initial public offering (IPO) price from four years ago. But with Spotify's investor day coming up in June, perhaps the event could provide the spark that shareholders are looking for.
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Source Fool.com
