SPOT

Down 66% in 2022, Is Spotify Stock a Buy for 2023?

Spotify (NYSE: SPOT) is adding millions of subscribers but finding it harder to grow profit margins as it pays hefty bonuses to attract creators. This video will answer if Spotify stock is a buy for 2023.

*Stock prices used were the prices as of Jan. 15, 2023. The video was published on Jan. 16, 2023.

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Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Spotify Technology. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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