> ## Content Index
> Fetch the complete content index at: https://www.hypebot.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Spotify stock fell 16.7%, Facebook lost $337 billion in value Thursday
- URL: https://www.hypebot.com/spotify-stock-fell-16-7-thursday-to-a-21-month-low-facebook-down-26/
- Published: 2022-02-04T14:55:00.000Z
- Updated: 2022-02-04T16:15:31.000Z
- Description: UPDATED: Spotify stocked closed at $159.75 Thursday, down 16.76%. That’s the lowest price since mid May of 2020 and a fall of almost 50% in the last 12 months. Facebook. Continue reading [https://www.hypebot.com/hypebot/2022/02/spotify-stock-fell-16-7-thursday-to-a-21-month-low-facebook-down-26.html
- Author: Bruce Houghton
- Tags: Music Tech, Social Media, Streaming, Facebook, Spotify stock. SPOT, stock market, #wp, #wp-post, #Import 2026-01-21 09:48

**UPDATED:** Spotify stocked closed at $159.75 Thursday, down 16.76%. That’s the lowest price since mid May of 2020 and a fall of almost 50% in the last 12 months.

Facebook (now META) also fell 26.39% on Thursday, a 19 month low. That’s a single day lost in value of $337.6 billion.

By contrast the NASDAQ composite index fell just 3.74% Thursday.

Both Spotify and Facebook stocks are suffering from investor concern over slowing user growth

#### MORE:

#### • [Spotify user growth slows](https://www.hypebot.com/spotify-monthly-average-users-up-18-to-406-million-in-2021/)

#### • [Spotify fell 18% Wednesday and Joe Rogan had nothing to do with it (NYSE: SPOT)](https://www.hypebot.com/spotify-nyse-spot-falls-18/)

#### • [Facebook users fall for first time ever, stock drops](https://www.hypebot.com/facebook-users-fall-for-first-time-ever-stock-falls-25/)

**Bruce Houghton* is Founder and Editor of [Hypebot](https://www.hypebot.com/) and [MusicThinkTank](http://www.musicthinktank.com/?ref=hypebot.com) and serves as a Senior Advisor to [Bandsintown](https://www.bandsintown.com/?ref=hypebot.com) which acquired both publications in 2019\. He is the Founder and President of the[ Skyline Artists Agency](https://skylineonline.com/?ref=hypebot.com) and a professor for the [Berklee College Of Music](https://online.berklee.edu/courses/touring-101?ref=hypebot.com).*