Why Spotify Stock Surged Today
Shares of Spotify Technology (NYSE: SPOT) jumped more than 8% on Tuesday after the digital music company announced a blockbuster partnership.
Spotify signed popular podcast personality Joe Rogan to an exclusive multiyear licensing deal. The Joe Rogan Experience is one of the most downloaded podcasts in the world, with an engaged and loyal fan base.
"From his earliest days behind the mic, Joe has been a commentator, fixture, and driving force in culture helping to lay the foundation for the podcasting renaissance we are experiencing today," Spotify said in a press release.
Source Fool.com
