Spotify Stock Jumps After Apple Relaxes Its App Store ‘Tax’

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On September 3, 2021
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Spotify Stock Jumps After Apple Relaxes Its App Store ‘Tax’ — But Is a Windfall Ahead?

Shares of SPOT jumped nearly 7% in Thursday (September 2nd) trading following a favorable concession by Apple over its App Store purchasing restrictions.  Overall, Spotify stock is up nearly 13% on the week as Apple loosens its belt — but what’s the eventual financial upside for Spotify?

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