Spotify Stock Plunges More Than 15% Following Q3 Financial Report

Despite growth in subscribers, MAUs, and revenues, SPOT stock is headed in a downward trend following the company’s Q3 financial report. Shares have tanked more than 15% in two trading sessions following the company’s Q3 earnings call. Spotify bumped its premium subscribers 13% to 195 million, while its monthly average users (MAUs) jumped 20% to […]

The post Spotify Stock Plunges More Than 15% Following Q3 Financial Report appeared first on Digital Music News.

Leave a comment

Your email address will not be published. Required fields are marked *