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Why Spotify Technology Stock Skyrocketed 42.7% in June

TheMotleyFool

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Why Spotify Technology Stock Skyrocketed 42.7% in June

Shares of Spotify (NYSE: SPOT) gained 42.7% in June, according to data from S&P Global Market Intelligence. The audio streaming stock gained ground in conjunction with momentum for the broader market and saw big gains following the announcement of new deals and partnerships.