Spotify ended the session at $127.09 (-1.64%)

Friday at a glance: during Friday's session, Spotify Technology S.A. toiled and struggled for upward momentum before closing at $127.09. By the close, the the video entertainment company suffered a $2.12 or 1.64% loss.

Spotify was not the only decliner in the communication services sector; Meta Platforms went down to $195.61, losing 4.55% after it closed at $204.93 Friday. AT&T draws back 1.41% Friday to close at $18.39.

On the other hand, positive performances could be seen by looking at other communication services stocks as Alphabet traded at $102.46 after closing Friday's trading day at $101.07 (up 1.38%).

The music streaming platform has gained 47.3% since its lowest print of $71.05 earlier this year.