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Spotify Stock Surges 10% on Q3 Subscriber Beat And Bullish Forecast

By Jillg366

Spotify shares jumped 10% at $572 billion Thursday to a 10-month high as the music streaming giant hit 306 million premium subscribers in the September quarter (up 9% year on year) – one million ahead of forecasts, and with growth across all regions. It guided to another 10 million net ads in the current fourth […]

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Streaming service

A subscription or ad-supported service that delivers films, series or music over the internet on demand.

Streaming has changed how people watch and listen, and how creators are paid.

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