Why Spotify Technology Stock Jumped 13.5% on Monday

Shares of music and podcast streaming company Spotify Technology (NYSE: SPOT) jumped as much as 13.6% on Monday as growth stocks recovered nicely across the board. Shares closed with a 13.5% gain, nearly at their high for the day. 

The biggest news for Spotify today is the company's handling of the fiasco between Neil Young and Joe Rogan. Last week, Young said he wanted off of Spotify's platform unless it dropped Joe Rogan, which Spotify clearly wasn't going to do given Rogan's popularity. 

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Source Fool.com