No qualifying author-owned investment thesis was confirmed in this post.
no investment thesis
Score108
Comments59
▶ Full Post Text
Does anyone have a clue why Spotify dropped 6.5% in the morning session. It was already sliding in the past weeks, but this drop was still quite sudden.
I can't find any bad news today. On the contrary they announced a deal with checkout.com which would seem positive to me.
They will announce their q4 earnings on Feb 10th. Had anything bad been leaked?
If not that I can only think of someone creating liquidity to close a large short or for a regular buy.