Spotify (SPOT) option implied volatility low into Apple (AAPL) event

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Nomura/Instinet Reiterates Buy Rating on Spotify (SPOT)

March 27, 2019 7:23 AM EDT

Nomura/Instinet analyst Mark Kelley reiterated a Buy rating and $188.00 price target on Spotify (NYSE: SPOT) following the US Copyright Royalty Boards recent decision on publisher royalties. The main headlines of the decision focus around the percentage of revenue paid to publishers rising by 44%... More