For those looking for new stock investments, music streaming service Spotify will openly list shares on the New York Stock Exchange during the week of April 2nd, according to Bloomberg. Today the company is holding an investor day to promote their future listings to reach potential buyers. In 2017, Spotify reached 71 million subscribers, which also according to Bloomberg, is roughly double the subscriber count of their competitor Apple Music. The company will trade under the NYSE symbol “SPOT”.
Spotify co-founder and CEO Daniel Ek first tweeted about the news in February
Read more about Spotify’s NYSE debut here.