Spotify Technology S.A. (SPOT) surged 5.13% in after-hours trading on Monday, following expectations of strong fourth-quarter results to be reported on Tuesday before the market open.
According to the
The music streaming giant is anticipated to report robust subscriber growth and a jump in revenue for the fourth quarter, aided by continued strong demand for its audio offerings and pricing increases of its premium plans, as per news article 2508176839. Analysts are also keen to hear updates on Spotify's artificial intelligence initiatives and how they are enhancing its services, potentially boosting user engagement and monetization.
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