updated 4pm
Spotify stock price is soaring this morning despite or because of the Joe Rogan controversy.
The stock is up 12% or 20 bucks and still rising 95 minutes after the stock market opened.
Over the weekend, Spotify took a PR hit after Neil Young and then Joni Mitchell left the streamer, then Nils Lofgren of the E Street Band.
It’s all about Rogan serving up misinformation on his podcast about COVID and the vaccines.
Spotify yesterday issued a new set of guidelines for podcasts regarding COVID. Rogan also posted a video apology. (See below.)
For Wall Street the action taken by Spotify seems to have worked, for now. Keep updating. We’ll see how long this lasts…
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