Spotify shares rebound after Joe Rogan apology over Covid-19 misinformation   

Spotify said it would add a content advisory to any episode with discussion of Covid to try to quell the controversy

Spotify's stock price jumped 10% after brokerage Citigroup raised the stock rating to "buy" from "neutral" saying the Swedish company would be able to improve its advertising business.

US podcaster Joe Rogan apologised and pledged more balance on his show amid a backlash against Covid-19 misinformation on the streaming service that wiped more than $2bn (€1.8bn) off its market value last week.

On Monday, investors appeared to shrug off the controversy that hurt shares last week, as Spotify's stock price jumped 10% after brokerage Citigroup raised the stock rating to "buy" from "neutral" saying the Swedish company would be able to improve its advertising business.