Spotify’s Stock Sinks 14% Despite Price Hike, Subscriber Gains ...Middle East

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Spotify’s Stock Sinks 14% Despite Price Hike, Subscriber Gains
In a move that, for investors, was like Christmas in July, Spotify executives announced on Monday they were finally raising prices for premium subscription plans in most major markets around the world. Related Spotify Revenues Rise 11% on Larger Than Expected Subscriber Growth in Q2 07/25/2023 But just like Christmas, chief executive Daniel Ek told shareholders during a call discussing Spotify’s second quarter resu

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