Spotify Technology S.A. (SPOT)

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Why is Spotify Technology S.A. (SPOT) Stock down?

We've noticed a 7.28% decline in Spotify Technology S.A. (SPOT) stock during the 2024-04-24 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

25 Jul, 2023:

Shares of music-streaming giant Spotify (SPOT) fell as much as 14.26% to $140.38 in trading on Tuesday after the company reported lackluster second-quarter FY23 earnings. Revenue was up 11% in the quarter to 3.18 billion euros, but the company reported a 247 million euro operating loss and only 9 million euros of free cash flow.

https://www.fool.com/investing/2023/07/25/why-spotify-stock-dropped-133-today/