Spotify Stock Pops On Quarterly Numbers As Music Streamer Adds Premium Subscribers, Lowers Costs ...Middle East

Shares of giant music streamer Spotify have jumped 13% in pre-market trading as the company grew premium, subscribers, revenue and profit for the second quarter ended in June. Monthly active users rose 14% to 626 million and expanded across all regions, although a bit below Wall Street’s guidance. But subscribers jumped 12% to 246 million, […]

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