How did Spotify Technology stock perform in premarket trading?

Spotify Technology (NYSE: SPOT) stock surged by 7.99% in premarket trading today following the release of its first-quarter results, which largely met analysts' expectations. The music streaming giant...

Why did Spotify stock skyrocket in intraday trading Tuesday?

Spotify Technology (SPOT) shares skyrocketed in intraday trading Tuesday after the streaming audio provider posted a quarterly profit and strong sales on a big jump in the number of users. Spotify beat expectations for the first quarter and its stock is notably higher following the report. Here's why.

Why is Spotify's market value rising?

Here's why. The music streamer's market value has surged on the belief that its money-losing days are in the past. Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter.