Aspiro Soars on Tidal Launch as Star-struck Investors Miss Jay-Z Deal

Shares in music streamer Aspiro, a majority of which was bought earlier this month by hip-hop star Jay-Z, soared on Tuesday to as much as 11 times the price at which remaining shares will be acquired in a compulsory squeeze-out only days away. In what appeared to reflect investors clamoring too late for a piece of Aspiro's music streaming service Tidal, the shares were up 938 percent at 11 Swedish crowns just before trading was halted.



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