Spotify & iHeartMedia Lead Music Stocks, SM Entertainment Shares Dip Amid Sex Scandal ...Middle East

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Spotify & iHeartMedia Lead Music Stocks, SM Entertainment Shares Dip Amid Sex Scandal
Spotify’s stock price rose 3.9% this week after the company’s announcement of a U.S. price increase on Monday (June 3) sent the stock on a roller-coaster ride. Shares rose to a new 52-week high of $331.08 on Wednesday — its highest point since Feb. 25, 2021 — before closing at $308.11 on Friday (June 7).  After raising subscription prices in the United States and many other major markets in July 2023, Spotify further hiked rates in the United Kingdom and Australia in May. The additional U.S. price increase, which goes into effect in July, will raise individual rates to $11.99 per month and family plans to $19.99 per

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