Spotify (NYSE: SPOT) rises despite lower monthly users in Q1

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 reported a 14% year-over-year increase in premium subscribers, reaching 239 million, in line with company guidance and analyst estimates compiled by Bloomberg. Solid performance in premium subscribers […]