Spotify stock surges on strong Q4 report
Spotify stock surges Tuesday after the streamer announced a Q4 report that ended its first year of profitability with strong growth across most key metrics.
Spotify stock surges on strong Q4 report
During the Q4 earnings call, Spotify CEO Daniel Ek promised to “double down on music” after years of expansion in other audio and video categories and to accelerate new product releases.
By Tuesday’s market close, NYSE: SPOT was trading at $621.77 up $72.69 or up 13.24% for the day.