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# Spotify [SPOT] Stock Surges 16.17%
- URL: https://www.hypebot.com/spotify-spot-stock-surges-1617/
- Published: 2019-10-29T09:19:52.000Z
- Updated: 2019-10-29T09:19:52.000Z
- Description: Spotify [SPOT] stock surged $19.15 or 16.17% closing at $140.20 on Monday after the streamer reported strong user growth and a surprise profit. The stock retreated just 1% in early. Continue reading [https://www.hypebot.com/hypebot/2019/10/spotify-spot-stock-surges-1617.html]
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Streaming, #wp, #wp-post, #Import 2026-01-21 09:55

[![Spotify New $](https://hypebot.typepad.com/.a/6a00d83451b36c69e20240a4e50d9b200b-150wi "Spotify New $")](https://hypebot.typepad.com/.a/6a00d83451b36c69e20240a4e50d9b200b-popup?ref=hypebot.com)Spotify \[SPOT\] stock surged $19.15 or 16.17% closing at $140.20 on Monday after the streamer reported strong user growth and a surprise profit. The stock retreated just 1% in early trading on Tuesday.

MORE: [Spotify Passes 113M Paid Subscribers As Average Revenue Per User Decline Continues](https://www.hypebot.com/spotify-passes-113m-paid-subscribers-as-average-user-revenue-decline-continues/)