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Spotify is going public on Apr 3rd – Auto Trade on eToro.

trade spotifyThere is a lot of buzz around the biggest Europen tech company Spotify. All that buzz is caused by the fact that Spotify is going public on April 3rd.

The company was founded in 2006 and launched in 2008. This Swedish company is a creator of one of the largest music streaming services with millions of paying users worldwide.

More than 70 million subscribed users worldwide already generates steady income for the company which has estimated evaluation $23 billion.

Unlike the majority of companies  instead of IPO (Initial Public Offering) Spotify filed for public listing. The major difference is that in this case early investors do not have an opportunity to buy shares but instead current shareholders can sell their stocks as soon as the company goes public.

This gives the company instant liquidity on the market but on the other hand it leaves Spotify´s stock in mercy of supply and demand.

You can buy , trade or copy trade Spotify on social investing network eToro at the first available price. Note this price may vary from the public listing price and the volume will be limited so if you are interested in buying Spotify stock be prepared to act very quickly.

The Spotify chart and price might be affected by rivalling music services like Apple Music, Google Play Music or Amazon Prime Music.

Go To Spotify stock page.

Warning: Trading carries risk. Only risk capital you are prepared to lose. Past performance in not an indication of future results.

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