Peloton CEO McCarthy stepping down; firm cutting 15% of jobs [BNN Bloomberg (Canada)]
Spotify Technology S.A. Ordinary Shares (SPOT)
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am
Check Earnings Report
Company Research
Source: BNN Bloomberg
The board will conduct a search to name a replacement, the fitness company said in a statement Thursday. Board chair Karen Boone and director Chris Bruzzo will serve as interim co-CEOs. Peloton shares were up about nine per cent in early trading. McCarthy — a veteran of Spotify Technology SA and Netflix Inc. — has spent the past two years overhauling the company. That's included layoffs, management shake-ups and the outsourcing of business functions. He's also forged new partnerships, including one this week with Hyatt Hotels Corp. that will bring Peloton bikes to the hotel chain in an attempt to boost sales. The executive has acknowledged in recent months that the company continued to struggle with growing “at scale” and warned in February that its revenue may not start increasing again until the fourth quarter. The New York-based company was a highflier during the early days of the pandemic, when lockdowns sent consumers scrambling for its stationary bikes and fitness class
Show less
Read more
Impact Snapshot
Event Time:
SPOT
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPOT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPOT alerts
High impacting Spotify Technology S.A. Ordinary Shares news events
Weekly update
A roundup of the hottest topics
SPOT
News
- Spotify used this one word to justify a 50% cut in royalties, music creator lawsuit alleges [Fortune]Fortune
- Sony Profit Outlook Misses Estimates as PS5 Appeal Wanes [Yahoo! Finance]Yahoo! Finance
- Sony Profit Outlook Misses Estimates as PS5 Appeal Wanes [Yahoo! Finance Canada]Yahoo! Finance Canada
- Sony Profit Outlook Misses Estimates as PS5 Appeal Wanes [BNN Bloomberg (Canada)]BNN Bloomberg
- US Music Streaming Services Industry Research 2024: Queued Up!!! - Increased Internal Competition will Affect Industry Profit Growth [Yahoo! Finance]Yahoo! Finance
SPOT
Earnings
- 4/23/24 - Beat
SPOT
Sec Filings
- 4/29/24 - Form 144
- 4/26/24 - Form 144/A
- 4/26/24 - Form 144
- SPOT's page on the SEC website