> ## Content Index
> Fetch the complete content index at: https://www.hypebot.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Spotify Stock Rises 28% In Just 9 Days
- URL: https://www.hypebot.com/spotify-stock-rises-28-in-just-9-days/
- Published: 2020-06-25T13:49:34.000Z
- Updated: 2020-06-25T14:20:08.000Z
- Description: Shares of Spotify are up 27% in the last 9 trading days. The stock opened Thursday at $245.00. On June 11 the stock traded as low as $178.68. That puts. Continue reading [https://www.hypebot.com/hypebot/2020/06/spotify-stock-rises-28-in-just-9-days.html]
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Streaming, #wp, #wp-post, #Import 2026-01-21 09:51

Shares of Spotify are up 27% in the last 9 trading days. The stock opened Thursday at $245.00\. On June 11 the stock traded as low as $178.68.

That puts Spotify’s total market cap at nearly $50 billion.

Spotify’s market cap dwarfs Warner Music Group’s which stands at less than $17 billion and even beats UMG at a $43 billion valuation.

Investor interest comes as Spotify invests heavily in podcasts and [toys with video](https://www.hypebot.com/spotify-preps-video-integration/) and part of a move to limit its current reliance on major label deals.

A new Video tab [was spotted ](https://www.hypebot.com/spotify-preps-video-integration/)in Spotify’s Now Playing screen, alongside the Album Art and Canvas tabs.

> *“The average podcast listener has heard a countless number of ads ending with promo codes or show-specific websites, carefully repeated three times so as not to forget it,” said *Joel Withrow, senior product manager of Podcast Monetisation at Spotify*. “In-app offers makes it vastly simpler for listeners to redeem deals whenever they come back to the app, and we can all benefit from one fewer ‘w-w-w-dot’ spelling lesson from our favourite podcast creators.”*