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More than five years after Spotify acquired The Ringer, layoffs are affecting the Bill Simmons-founded content company as its parent company, Spotify, makes cuts to its audio division as part of a ...
Spotify has been "running hot" and the stock has been up 770% since 2022. Read more to know why higher margins and revenue growth don't justify SPOT's lofty valuation.
As part of a 15-person round of layoffs at Spotify, Claire McNear and Jonathan Kermah of The Ringer were let go this week.
Spotify Technology stock faces high valuation risks with slowing growth, flat margins, and Q2 issues. Check out why I am cautious about SPOT ahead of earnings.