Adobe Sued by US Regulators Over Subscription Cancellation Fees [BNN Bloomberg (Canada)]
Spotify Technology S.A. Ordinary Shares (SPOT)
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am
Check Earnings Report
Company Research
Source: BNN Bloomberg
Adobe pushed users toward annual subscriptions to its creative software such as Photoshop without “adequately disclosing” that canceling in the first year could cost hundreds of dollars, the FTC said Monday in a statement. The San Jose, California-based company also designed the cancellation process to be difficult, requiring navigating many online pages or transfers between customer services representatives, the regulators said. “Adobe trapped customers into yearlong subscriptions through hidden early termination fees and numerous cancellation hurdles,” said Samuel Levine, director of the FTC's Bureau of Consumer Protection. The Justice Department filed the complaint in a California federal court on behalf of the FTC, which enforces US consumer protection laws. An Adobe spokesperson didn't immediately respond to a request for comment. Users of Adobe products have long complained about the expense of canceling a subscription. Accessing Adobe's suite of apps can cost more than $
Show less
Read more
Impact Snapshot
Event Time:
SPOT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPOT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPOT alerts
High impacting Spotify Technology S.A. Ordinary Shares news events
Weekly update
A roundup of the hottest topics
SPOT
News
- Spotify (SPOT) Sees a More Significant Dip Than Broader Market: Some Facts to Know [Yahoo! Finance]Yahoo! Finance
- Apple Hit by Fresh EU Warning Over Alleged App Store Abuses [BNN Bloomberg (Canada)]BNN Bloomberg
- Spotify offers additional plans for US subscribers; holds niche with audiobooks [Seeking Alpha]Seeking Alpha
- Spotify Adds a New Lower-Priced Subscription Plan for U.S. Subscribers [Yahoo! Finance]Yahoo! Finance
- Spotify Adds Audiobook-Free Plan for $11 [CNET News]CNET News
SPOT
Earnings
- 4/23/24 - Beat
SPOT
Sec Filings
- 6/12/24 - Form 144
- 6/10/24 - Form 144
- 6/7/24 - Form 144
- SPOT's page on the SEC website