SPOTIFY’S 1ST REPORT AS PUBLIC COMPANY FLOPS ON WALL STREET
May 04, 2018
2 minutes
Spotify’s first quarterly report as a public held company struck the wrong note with investors, even though its music-streaming service hit the subscriber-growth target set by management just before its stock began trading.
Total subscribers increased to 75 million through March, up by four million from the end of 2017.
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