Thursday, May 3, 2018

Spotify Stock Down 11% After Q1 Earnings Miss | hypebot

Arrow_outline_green_downSpotify stock began trading Thursday at $151.43, almost 11% lower than its $170 Wednesday close, after the music streamer missed revenue estimates by Wall Street analysts. Spotify's weaker earnings come amid increased competition and solid, but not inspiring, user growth.

Read more and our full analysis here.


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