Spotify Stock Falls On Q2 Guidance For Paid Subscribers
📖 Full Retelling
Investors pummeled shares of giant music streamer Spotify Tuesday on a softer-than-expected outlook for premium subscribers in the current second quarter — despite solid financials for the three months ended in March. The stock is down over 13% after the company anticipated 299 million total premium subscribers by June, an addition of about six million. […]
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Investors pummeled shares of giant music streamer Spotify Tuesday on a softer-than-expected outlook for premium subscribers in the current second quarter — despite solid financials for the three months ended in March. The stock is down over 13% after the company anticipated 299 million total premium subscribers by June, an addition of about six million. […]
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