
2 Minutes with Joey - SPOT Stock News
SPOT Today - Aug 05: Earnings Miss Stings
Hey there! It's Joey here, your friendly stock enthusiast. I’ve been in the investing game for a while, and today, we’re checking out Spotify. So, today was a red day for SPOT, down about 3%. Ouch, right?<br /><br />So, here’s the scoop. Spotify dropped after they reported their second-quarter earnings. They missed their earnings goal, and that got folks hitting the sell button pretty quick. Even though they hit a big milestone with 300 million premium subscribers, it wasn’t enough to save the day. The earnings report seemed to leave a sour taste in investors’ mouths, despite all those...






