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Spotify slightly down in New York
Spotify's stock initially fell 3 percent on Wall Street but recovered later and after a few hours of trading, the stock was slightly down. Over the weekend, the streaming service announced that it had entered into a new multi-year distribution agreement with music giant Universal Music Group.
Spotify backs down after new major deal
Spotify's stock falls by 3 percent in the week's initial trading on Wall Street. This after the streaming service announced over the weekend that it has entered into a new multi-year distribution agreement with music giant Universal Music Group.
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