Spotify Stock Surges After Joe Rogan Releases Viral Video Sharing His Thoughts on the Controversy

Spotify stock surged yesterday after Joe Rogan released a viral video sharing his thoughts on the controversy on Sunday.

The surge comes after liberals were celebrating what they deemed to be a previous drop in the stock price due to the controversy.

One Twitter user pointed shared a graphic of the surge and said, “Wonder if all the people cheering the stock market drop of Spotify stock last week…are going to circle back today?

Wonder if all the people cheering the stock market drop of Spotify stock last week…are going to circle back today? pic.twitter.com/o9ZSyvaalq

— jerome refusenik 🚛🚜 (@jeromeChappelle) January 31, 2022

It is unlikely that any of the liberals who cheered the previous drop, which was part of a larger decline that has befallen Spotify, will ever circle back.

Verified Twitter anti-Trump user Jon Cooper is one who has yet to after previously celebrating what he insinuated was a decline due to Neil Young and others’ stance.

“BREAKING: Spotify’s stock value has PLUMMETED by 15% since users began to DELETE their accounts after the streaming service sided with anti-vaxxer Joe Rogan instead of Neil Young,” Cooper declared in a tweet prior to the weekend.

Cooper then noted, “I’m one of the many folks who DELETED Spotify — how about you?”

BREAKING: Spotify’s stock value has PLUMMETED by 15% since users began to DELETE their accounts after the streaming service sided with anti-vaxxer Joe Rogan instead of Neil Young.

I’m one of the many folks who DELETED Spotify — how about you? ✋

— Jon Cooper (@joncoopertweets) January 29, 2022

Forbes reported yesterday that Spotify stock jumped as much as 13% to $195 Monday after Citi analyst Jason Bazinet recommended investors buy shares following a broad plunge in subscriber-based shares, reversing losses that at one point pulled shares down 27% this month alone to a two-year low of $170.

Though Spotify’s been making headlines for a burgeoning boycott by musicians blasting the streaming platform’s ongoing support for “The Joe Rogan Experience,” Bazinet pinned the firm’s stock plunge to the lower-than-expected subscriber growth Netflix reported earlier this month but said prices should recover thanks to Spotify’s large advertising business, the article pointed out.