Spotify hits 761M users but 1 forecast sends shares falling
Spotify just delivered one of its strongest quarters on record. Investors responded by selling the stock aggressively anyway, and the reason behind that disconnect reveals a great deal about where the world’s largest music streaming platform is headed. Shares fell as much as 11.5% in premarket trading today after Spotify reported first-quarter results that beat […] The post Spotify hits 761M users but 1 forecast sends shares falling appeared first on Rolling Out.
Spotify just delivered one of its strongest quarters on record. Investors responded by selling the stock aggressively anyway, and the reason behind that disconnect reveals a great deal about where the world’s largest music streaming platform is headed. Shares fell as much as 11.5% in premarket trading today after Spotify reported first-quarter results that beat […]
The post Spotify hits 761M users but 1 forecast sends shares falling appeared first on Rolling Out.