Spotify Technology Posts Q2 Bear, Guides to Smallest Q3 MAU Growth Since 2018
Spotify's stock rallies after upbeat Q2 results. Rosenblatt cuts price target, other analysts remain bullish despite MAU miss.
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Why It Matters
Spotify made more money than expected this quarter, which made people happy, but it's growing fewer users than before—something to keep an eye on to see if the company can speed that up again.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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