Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Spotify Moves Its San Francisco HQ Due to Safety Concerns [Fortune]

Zendesk, Inc. (ZEN) 
Last zendesk, inc. earnings: 4/30 04:16 pm Check Earnings Report
Company Research Source: Fortune
Spotify broke its office space lease and moved its San Francisco headquarters to another area of the city because of crime- and drug-related safety concerns near the former HQ, according to the San Francisco Chronicle . In making the move, the Swedish music streaming service has also given up a controversial payroll tax break that incentivized its move to the Mid-Market corridor in 2013. Two former employees, speaking with the Chronicle on the condition of anonymity, said that a (spot) Spotify employee was slapped in the face by a homeless person last year, and that some workers felt unsafe due to the open drug dealing, visible poverty, and high crime rates in the area. The Chronicle report ends with a quote that may explain more about the decision. One of the former employees also noted that Swedes who moved to San Francisco to work at the music streaming company were “unaccustomed to San Francisco’s homelessness crisis.” Spotify’s new offices are squarely Show less Read more
Impact Snapshot
Event Time:
ZEN
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 ZEN alerts
Opt-in for
ZEN alerts

from News Quantified
Opt-in for
ZEN alerts

from News Quantified