We may be in the midst of a global pandemic and economic recession, but that hasn’t stopped Spotify stock from soaring to all-time highs this year. Shares of the audio streaming platform have retreated a bit from record levels hit in late July, but it has been an eye-popping run by any stretch of the imagination.

Variety Intelligence media analyst & correspondent Heidi Chung explains what’s been behind Spotify surge and whether there is more room to run.

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