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 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.