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Crocs, Spotify, Groupon: Market Minute

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Yahoo Finance anchor Madison Mills examines the top stories of the trading day as part of today's Market Minute.

Crocs (CROX) shares pop after Loop Capital upgrades the stock to Buy from Hold.

Spotify (SPOT) stock is in focus after the company paid $10 billion in royalties in 2024, more than any company has ever contributed in one year.

Groupon (GRPN) shares skyrocket after reporting strong earnings.

Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

00:00 Speaker A

It's time for your Yahoo! Finance's market minute. Tech leading a rebound as the NASDAQ pops amid a better than expected inflation print. Shares of Crocs seen a lift as the footwear company gets an upgrade at Loop Capital. The firm raising its rating on the stock from hold to buy, citing attractive valuation and expecting growth in the Hey Dude brand moving forward. Turning to Spotify, the company noting it alone paid $10 billion in royalties in 2024, more than any single company has ever contributed in one year. Music publishing payouts also hitting new peaks, surpassing $4.5 billion with double-digit percentage growth from 2023 to 2024. And Groupon shares surging as it provides better than expected revenue for the fourth quarter in the full year, rather, fourth quarter revenue and operating profit also topping Wall Street's expectations. That's your market minute. For more on what's trending on Yahoo! Finance, scan the QR code below to track the best and worst performing stocks of the day.