Spotify stock closed up strongly for the second day in a row at $240.83, up $8.91 or 3.84%. On Tuesday, the stock gained 3.88%.
Spotify stock is now up about 25% since the start of the year.
On Tuesday, Spotify reported adding 28 million Monthly Active Users (MAUs), including 10 million paid users, in the last three months of 2023, its second-largest-ever Q4 gain.
Read more about Spotify’s Q4 and year-end report to investors: Spotify passes 602 Million Monthly Active Users as losses narrow.
Bruce Houghton
