Spotify Stock Drops Over 12% on Softened Listener Forecast
Spotify stock fell as much as 12.9% to $256.84 on Wednesday (April 28) after the streaming service decreased its forecasted listener count for the end of 2021. Share prices ended the day down 12.3% at $256.84. The considerable drop followed Spotify’s first quarter 2021 earnings report, a mix of encouraging trends and subtle misses. The […]