Spotify stock rises 8% amid profit growth - tradersunion.com

Spotify’s stock has been on an impressive rally, soaring 150% over the past year. Following the earnings report, shares jumped another 8% in pre-market trading. This surge follows a significant restructuring effort, which included mass layoffs, leadership changes, and a shift away from …

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Spotify Stock Rises 8% Amid Profit Growth - Tradersunion.com

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Spotify Stock Jumps After Reporting Its First Full Year Of ...

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3 days ago · Meanwhile, Spotify reported a fourth quarter profit of 367 million euros ($380 million), or 1.76 euros a share ($1.82). That's up from the prior-year period's loss of 70 million euros, or 36 euro ...

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Trading, Financial And Business News - Traders Union - TU News

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Spotify stock rises 8% amid profit growth Spotify exceeded revenue expectations in Q4, reporting its first-ever full-year profit and record-breaking user growth. The company’s focus on ...

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Spotify Stock Soars To Record High On Q3 Report - Investor's …

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Nov 13, 2024 · On the stock market today, Spotify stock popped 11.4% higher to close at 467.37. In intraday trading, it notched a record high of 473. In intraday trading, it notched a record high …

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Spotify Stock Soars. Earnings Impress Markets As It Posts First

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The stock climbed 12% to $612.59 in early trading. The benchmark S&P 500 index was up 0.1%. The gains came after Spotify said it had added a record-equaling 11 million net premium …

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Why Is Spotify Stock Soaring, And Is It Still A Buy?

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Nov 16, 2024 · Spotify (SPOT 1.78%) reported revenue, subscribers, and profits increases, which has investors cheering the outcome. *Stock prices used were the afternoon prices of Nov. 13, …

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Goldman Sachs Raises Spotify's Forecast Ahead Of Q4 - Yahoo …

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Jan 8, 2025 · Goldman Sachs analyst Eric Sheridan maintained Spotify Technology (NYSE:SPOT) with a Buy and raised the price target from $490 to $550. Ahead of its fourth …

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Spotify Shares Up 24% In November, With Solid Q3 And Growing …

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Dec 2, 2024 · Canaccord Genuity increased its price target for Spotify from $475 to $525, citing the company's solid performance and significant improvement in gross margins and operating …

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Stock Market Today: Dow, S&P 500, Nasdaq Recover As Traders …

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3 days ago · The stock has already surged roughly 150% over the past year, as of Monday's close. Yahoo Finance's Alexandra Canal reports: Spotify Technology posted fiscal fourth …

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Spotify Stock Rises As Streaming Music Rival Exits Business

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Sep 24, 2024 · On the stock market today, Spotify stock climbed 3.1% to close at 380.36. On Thursday, Spotify stock broke out of a six-week consolidation pattern at a buy point of 359.38, …

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Affirm Stock Rises 15% Amid Unexpected Profit - Tradersunion.com

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Recently we wrote, that Spotify exceeded revenue expectations in Q4, reporting its first-ever full-year profit and record-breaking user growth. This material may contain third-party opinions, …

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Spotify Stock Crushed The Market With A 140% Gain In 2024

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Dec 26, 2024 · Spotify’s strategic focus on increasing premium subscribers, expanding its presence in developed markets, and enhancing its product offerings set the stage for …

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Maersk Shares Surge 8% Amid Unexpected Profit - Tradersunion.com

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Spotify stock rises 8% amid profit growth Spotify exceeded revenue expectations in Q4, reporting its first-ever full-year profit and record-breaking user growth. The company’s focus on . …

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FAQs about Spotify stock rises 8% amid profit growth - tradersunion.com Coupon?

Why did Spotify stock jump?

Spotify Stock Jumps. Why Wall Street Is Cheering the Streamer’s First Full-Year Profit. Spotify Technology shares were rising Tuesday after the audio streamer said it had added more subscribers than Wall Street was expecting over the fourth quarter, helping revenue to top estimates. The stock climbed 8.6% to $596 in early trading. ...

How did Spotify stock perform in after-hours trading?

In after-hours trading on the stock market today, Spotify stock jumped more than 7% to 449.77. During the regular session Tuesday, Spotify stock rose 2.2% to close at 419.39. Earlier in the session, Spotify notched a regular-session record high of 419.72. ...

Did Spotify stock surge in extended trading?

Spotify stock surged in extended trading. The Stockholm-based company added 6 million premium subscribers in the September quarter. Analysts polled by FactSet had expected Spotify to add 5.19 million subscribers. Spotify ended the period with 252 million total paying subscribers worldwide. ...

Why is Spotify Technology a good stock to buy?

Spotify Technology shares were rising Tuesday after the audio streamer said it had added more subscribers than Wall Street was expecting over the fourth quarter, helping revenue to top estimates. The stock climbed 8.6% to $596 in early trading. Futures tracking the benchmark S&P 500 were 0.1% lower. ...

How much did Spotify make in 4th quarter?

Meanwhile, Spotify reported a fourth quarter profit of 367 million euros ($380 million), or 1.76 euros a share ($1.82). That's up from the prior-year period's loss of 70 million euros, or 36 euro cents a share. Analysts expected profits to come in at 1.89 euros a share, according to Bloomberg. ...

What happened to Spotify stock during the regular session?

During the regular session Tuesday, Spotify stock rose 2.2% to close at 419.39. Earlier in the session, Spotify notched a regular-session record high of 419.72. On Sept. 19, Spotify stock broke out of a six-week consolidation pattern at a buy point of 359.38, according to IBD MarketSurge charts. ...