Spotify shares rise following Q3 earnings release
SPOT Spotify Technology SA
$583.66 +11.10%
View chart & analysis → - 1Spotify shares rose nearly 9% during Thursday's trading session.
- 2Spotify premium subscriber growth reached 9% year-over-year.
- 3Spotify monthly active users grew 11% year-over-year.
So what's the key point?
Spotify's paid subscribers and total users increased compared to last year. Following this news, the stock price rose by about 9 percent.
Source Yahoo Finance · View original ↗
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