Spotify Technology shares are trading lower after the company reported Q2 earnings. Investors are reacting to tepid Q3 outlook.
Portfolio Pulse from Benzinga Newsdesk
Spotify Technology reported Q2 earnings, which led to a decrease in its share price due to a lukewarm Q3 outlook.
July 25, 2023 | 11:11 am
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NEGATIVE IMPACT
Spotify's Q2 earnings report and a lukewarm Q3 outlook have led to a decrease in its share price.
Spotify's Q2 earnings report and a tepid Q3 outlook have led to a decrease in its share price. This indicates that investors may have concerns about the company's future performance, which is negatively affecting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100