Spotify shares fall after muted paid subscriber growth forecast

Spotify shares fall after muted paid subscriber growth forecast

3 years ago
Anonymous $f-b3Pf4iLZ

https://www.reuters.com/article/us-spotify-tech-results/spotify-shares-fall-after-muted-paid-subscriber-growth-forecast-idUSKBN2CF18F

Shares of Spotify Technology SA fell 8% in pre-market trading on Wednesday after its forecast of subdued current quarter paid subscriber numbers overshadowed upbeat first-quarter growth in countries such as the United States and India.