Shares of Spotify were down over 12% on Wednesday after the company reported first quarter earnings and revealed a beat on both the top and bottom line. The losses may have been brought on by the company reporting some weakness in ad-supported revenue and because it missed estimates slightly on paid subscribers. For the quarter, … Continue reading “Spotify Shares Close Down Despite a Beat on Top and Bottom Line in Q1”
Tag: Spotify
Spotify is Fulling Halting Service in Russia for This Reason
Swedish audio streaming and media services provider Spotify is saying dasvidanya (or goodbye in Engish)…
March 25, 2022
Company News
Google to Let Spotify Offer its Own Billing on Android
In a surprising move, Google and Spotify announced on Wednesday that a future version of…
March 23, 2022
Spotify’s CEO Apologizes to Staff Over Joe Rogan Controversy
Joe Rogan has been in on hot water in recent weeks and it only got…
February 8, 2022
Life
Joe Rogan Apologizes to Spotify as Musicians Boycott His Podcast
Controversial broadcasting host Joe Rogan has taken the humble road by issuing an apology this…
January 31, 2022
Life
Prince Harry and Wife Meghan Markle Announce Deals to Expand their Empire
Prince Harry and Meghan Markle may not be a part of the Royal Family anymore…
May 17, 2021
Life
Spotify and Kim Kardashian West Sign Deal for a Podcast
According to a Wall Street Journal report this week, reality TV star Kim Kardashian West…
June 18, 2020
Spotify Shares Took a Nose Dive After Amazon Did This
Shares of Spotify were in the red on Monday after Wall Street learned that Amazon…
November 19, 2019
Hot Stocks
Spotify Shares Explode on Semi-good Note from Deutsche Bank
Shares of Spotify Technology hit a new high of $180.02 on Thursday after Deutsche Bank…
June 14, 2018
Hot Stocks
Spotify Removes R. Kelly From its Playlists
In a new policy about "hate content" streaming service giant Spotify has removed the artist…
May 10, 2018
Hot Stocks
Spotify Shares Fall After Reporting First Earnings Report Since Going Public
Traders were on their toes waiting for Spotify to report earnings for the first time…
May 2, 2018
Hot Stocks
Spotify Debuts in the Market and Shares go Flying
Sweden-based music streaming service Spotify just made its grand entrance into the stock market on…
April 4, 2018
Spotify Files to Go Public on NYSE
According to a source familiar with the situation, the world's largest paid music-streaming service Spotify…
January 3, 2018
Spotify Buys Online Music Recording Studio Soundtrap
For an undisclosed sum, Spotify has purchased Soundtrap, an online music and audio recording studio.…
November 17, 2017