U.S. comedian and podcaster Joe Rogan apologized on Social media on Sunday for sparking protests against streaming platform Spotify for "spreading misinformation" about COVID-19 vaccines, promising to be more balanced in his show. Spotify shares jumped 12 percent on Monday after Citi raised its rating on the stock to "buy" from "neutral," citing the company's ability to improve its advertising business.
"I'm sorry if I upset you," Logan said. "I'm going to do my best to try to balance these more controversial points with other people's points of view, so maybe we can find a better point of view." At one point last week, Spotify lost more than $2 billion in market value.
Rogen is a well-known vaccine skeptic who has said that "young people and children are not encouraged to get vaccinated" and "mRNA vaccines are gene therapy." Last week, legendary Canadian singer-songwriters Neil Young and Joni Mitchell announced they were pulling their music from Spotify because of the wide spread of Joe Rogan's comments, The protesters also included rock guitarist Nils Lofgren and American psychologist Brynn Brown.