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Kiplinger
Kiplinger
Business
Joey Solitro

Why Spotify Stock Is Surging Despite Its Earnings Miss

Spotify Jefferies
Green Spotify logo on smartphone with airpods next to it.

Spotify Technology (SPOT) stock shot higher out of the gate Wednesday after the audio streaming company issued a strong profit and user forecast for its fourth quarter. This forecast is offsetting a top- and bottom-line miss for its third-quarter results.

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