Now that Spotify (SPOT - Get Report) has finally had it's IPO and opened at $165.90, there are more than a few things new investors will want to keep in mind before putting money behind the music-streaming service:

  1. Forty-four percent of Spotify's 159 million monthly active users use the service daily. 
  2. Average daily usage among those users clocks in at 49 minutes.
  3. Seventy-two percent of users are under the age of 34.
  4. Premium subscriptions grew 46% to 71 million in 2017.
  5. Spotify aims for 92 to 96 million premium subscriptions by the end of 2018. 

Will you be streaming the stock? 

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