SPOTIFY, reportedly planning a stock market listing, "has grown around 20% to at least $19 billion in the past few months, outperforming U.S. and EUROPEAN tech indexes," sources familiar with the matter told REUTERS, which added the most recent private trades in the SWEDISH company have taken place at above $4,000 per share according to sources.
One of the sources told REUTERS some of the most recent trades were at a record-high of $4,200. That figure would then value SPOTIFY at $19 billion or more. That compares to around $16 billion earlier this FALL. Various sources say SPOTIFY is planning to go public in the U.S. and could make that move before the end of this year.
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