The rise in price really just means that people think they can cash out even higher. If it was already overvalued, it would still jump because people expect sto

The rise in price really just means that people think they can cash out even higher. If it was already overvalued, it would still jump because people expect stocks to pump during layoffs. We should stop acting like this reflects a large increase in the inherent value of Spotify, it's just another speculative market. Tech is particularly bad for this.