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Spotify Stock Jumps on Michelle Obama Deal

TheMotleyFool

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Spotify Stock Jumps on Michelle Obama Deal

Spotify (NYSE: SPOT) is expanding its media empire.

The popular streaming platform announced on Wednesday the upcoming launch of an exclusive podcast hosted by Michelle Obama. The show will debut on July 29.

As of 1:30 p.m. EDT, Spotify stock was up 5% on the news.

Source Fool.com

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