Spotify jumps to record with analysts bullish on podcast moves

A man checks his smartphone while standing among illuminated screens bearing the Spotify Technology logo in this arranged photograph in London on June 26, 2018. Foto: Bloomberg photo by Chris Ratcliffe

Spotify Technology shares surged Friday, with the stock moving further into record territory after a pair of analysts said the company's move into podcasts makes them even more bullish.

The company recently announced a number of high-profile podcasts deals, including with Joe Rogan and DC Comics. There's reportedly also a pact with Kim Kardashian West...

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