Spotify Had Its Best Ever Quarter for New Users. Why the Stock Is Falling.

By / / Finance / 1 minute of reading


Spotify Technology


stock fell 10% in premarket trading Tuesday despite reporting its best ever quarter for new users. The music streaming platform’s losses widened in the second-quarter and it fell short of revenue estimates.



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Avatar of Kaitlin Rogers
Kaitlin Rogers is a writer, editor, and news junkie. She has been working in the media industry for over five years, and her work has appeared in dozens of publications. Kaitlin graduated from Michigan State University with a bachelor's degree in journalism and political science.
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