Spotify Rival Deezer’s Shares Fall in Trading Debut

United States News News

Spotify Rival Deezer’s Shares Fall in Trading Debut
United States Latest News,United States Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Shares of Deezer, the French music-streaming rival to Spotify that went public via a SPAC deal in April, fell on their first day of trading

PARIS—Shares in French music-streaming service Deezer fell in their first day of trading, a fresh sign of the difficult environment facing startups and loss-making companies.

SA saw its shares fall by more than a quarter on Tuesday, the company’s first day on Paris’s stock exchange. The tumble, down more than 30% at one point, came after the company

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global Music Streamer Deezer Goes Public, Stock PlungesGlobal Music Streamer Deezer Goes Public, Stock PlungesStock in France-based Deezer, a rival to Spotify and Apple Music, began trading on the Euronext Paris stock exchange after a merger with I2PO SPAC.
Read more »

Global Music Streamer Deezer Goes Public, Stock PlungesGlobal Music Streamer Deezer Goes Public, Stock PlungesStock in France-based Deezer, a rival to Spotify and Apple Music, began trading on the Euronext Paris stock exchange after a merger with I2PO SPAC.
Read more »

June NFT data wrap: bear market seeps into the metaverseJune NFT data wrap: bear market seeps into the metaverseNFT marketplace trading volume fell 94% between January and June this year.
Read more »

European shares fall as strike in Norway fuels fears of energy crisisEuropean shares fall as strike in Norway fuels fears of energy crisisEuropean stocks fell on Tuesday as a strike by Norwegian oil and gas workers exacerbated worries about an energy shock in Europe and added to concerns over red-hot inflation.
Read more »



Render Time: 2025-02-24 18:08:22