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Spotify Stock Falls 14% Despite Strong User Growth, Profit Increase

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Shares of Spotify Technology S.A. (SPOT) dropped nearly 14% on Tuesday morning after its latest earnings release.

The stock is currently trading at $428.84, down $66.98 or 13.51%, on the NYSE. It opened at $495.82 after closing the previous session at $495.82. The stock has traded between $241.00 and $525.00 over the past 52 weeks.

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