Spotify’s unusual IPO seeks to drum up fans on Wall Street

  • This Jan. 28, 2018, file photo shows music streaming apps clockwise from top left, Apple, Spotify, Amazon, Pandora and Google on an iPhone in New York. Music-streaming pioneer Spotify plans an initial public offering of stock. The first steps toward IPO were made in a confidential filing a few weeks ago, but the documents weren’t released until Wednesday, Feb. 28. (AP Photo/Jenny Kane, File)

SAN RAMON, Calif. — Music-streaming pioneer Spotify is hoping to attract a new crowd of fans on Wall Street as its competition with Apple heats up.

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