Spotify Could Surge Higher—Here's the Hidden Earnings Signal
Often, stocks that start trading near highs can confuse investors into thinking that they will not see any further upside in the future, assuming that all the bullish and good news has already been priced in at these levels. However, as momentum builds for a company, more financial and fundamental expansion usually follows. Also, it may trigger additional institutional buying as many rely directly on momentum strategies. Spotify Technology TodaySPOTSpotify Technology36 ...