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Spotify Technology Shares Fall After Phillip Securities Downgrade

Spotify Technology Shares Fall After Phillip Securities Downgrade

MT newswireMT newswire2026/10/26 19:42
03:42 PM EDT, 10/26/2026 (MT Newswires) -- Spotify Technology (SPOT) shares fell 1.3% in Monday trading after Phillip Securities downgraded the stock to accumulate from buy, with a price target of $650 per share. Trading volume exceeded 1.4 million shares, compared with a daily average of about 1.8 million. Price: 576.83, Change: -7.39, Percent Change: -1.27
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