Can You Spot(ify) a Good Investment When You See One?

The music streaming giant Spotify recently became a publicly traded company and on the first day of trading,its initial public offering (IPO), the price for shares closed at $163.90. This means that the company is now worth around $26.6 billion and the news has left investors wondering whether Spotify will be the next Netflix or whether it will fair less well on the New York Stock Exchange (NYSE) and suffer a similar fate to the radio streaming company Pandora. The Netflix Story Those who...

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