Spotify Stock Jumps After Q1 2023 Earnings Report Reveals Subscriber Growth and Continued Losses
Spotify Stock Jumps After Q1 2023 Earnings Report Reveals Subscriber Growth and Continued Losses
Spotify stock spiked by almost seven percent after the company revealed that it had achieved 15 percent year-over-year (YoY) subscriber growth and suffered an over $170 million operating loss during 2023’s opening quarter.