Spotify Shares Rose 15% to Lead Soaring Music Streaming Stocks This Week ...Middle East

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Spotify led a group of high-flying streaming stocks this week by gaining 14.8% to $157.54 per share, increasing its market capitalization by nearly $4 billion to $30.7 billion. The world’s largest streaming company, which boasted 220 million subscribers as of June 30, has clawed back nearly all its losses since its share price dropped 14% following its second-quarter earnings on July 25. Through Friday (Sept. 1), Spotify shares are up 99.5% in 2023, second only to streaming company LiveOne’s 191.9% gain.  The 21-stock Billboard Global Music Index improved 4.7% to 1,359.74, its highest mark in four weeks and the first g

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