Your email has been successfully added to our mailing list.

×
-0.000147117546919975 0.000609486980097141 0.00174439377062269 0.0014081250919485 0.000735587734599993 0.0049809798028625 0.0049809798028625 0.0049809798028625
Stock impact report

Spotify will net an eye-popping amount of money by raising prices again [Yahoo! Finance]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Spotify said this week it would hike the price on US individual premium plans to $12.99 from $11.99. The duo (two-person) plan is increasing to $18.99 from $16.99 a month. The family plan is rising to $21.99 from $19.99. Student plans are also increasing to $6.99 from $5.99. In the process, Spotify has put itself in the unenviable position of being the most expensive music streaming platform when compared to Apple Music ( AAPL ) and Amazon Music ( AMZN The price increases will add up big-time, according to the numbers crunched by Evercore ISI tech analyst Mark Mahaney. Mahaney estimated a 4% to 5% boost to sales assuming the $1 price increase across individual and student plans and a $2 increase for duo and family plans. Assuming the same gross margin profile as the existing business, Mahaney calculated an approximate $270 million boost to gross profit, "most of which should flow down to operating income." Key modeling assumptions he made: 65 million US subscribers. Rough Show less Read more
Impact Snapshot
Event Time:
AMZN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for AMZN alerts
Opt-in for
AMZN alerts

from News Quantified
Opt-in for
AMZN alerts

from News Quantified