- Entry
- $648.32
- Final
- $712.26 +9.9%
- Target
- —
- Score
- -0.99
I've been accumulating Spotify stock since mid-2022 at an average cost basis of $83 per share. While I recognize that the stock is currently overvalued, I’m struggling to decide whether to hold or exit my position, given its sharp decline. However, the broader market is also under pressure, which could be contributing to the downturn. Spotify posted a strong quarterly performance, which I believe played a role in its prior rally, but I'm also factoring in that CEO sold $35 …
— ORIGINAL POST ·
Hold or sell spotify stock
· r/investing
· Mar 10, 2025