Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Spotify Stock Jumped 13% This Week

TheMotleyFool

0 0

Shares of Spotify (NYSE: SPOT) are up 13.1% so far this week, according to data provided by S&P Global Market Intelligence. The global audio streamer reported its third-quarter results before the market opened on Wednesday, and beat revenue expectations for the period.

According to the report, Spotify broadly exceeded expectations. Revenue came in at $2.95 billion, beating analysts' consensus estimate of $2.9 billion.

Image source: Getty Images.

Source Fool.com

Like: 0

SPOT

Share