Spotify Jumps 10% on Earnings Beat, But It May Not Be Time to Buy This Stock Just Yet…

By |2023-11-08T15:39:30+00:00October 24th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , |

Spotify (SPOT) sent ripples throughout the stock market this morning after surprising everyone with its first quarterly profit in the past year while analysts were expecting a loss. The Sweden-based streaming service grew sales by 17% year over year, reporting a figure that equates to $3.57 billion - just narrowly outperforming the analyst consensus [...]