Spotify Shares Slide 14% as Guidance Overshadows Earnings Beat
businesscompany-earningsstocks 2 posts · 2 accounts
Spotify shares fell 14% on April 28 after the company reported earnings that beat expectations, but its guidance disappointed investors. The drop underscored that the weaker outlook overshadowed the stronger quarterly results.
From the sources (2 posts)
@polymarketJUST IN: Spotify stock crashes -14% on the day.
@cnbciSpotify stock plummets after earnings beat expectations as guidance disappoints