Spotify plunges on stock market after weak profit outlook and slower growth in premium subscribers

Spotify is forecasting lower profit and slower growth in paying subscribers for the second quarter of 2026 than analysts had expected. As a result, the share price fell by almost 9% in pre-market trading. The Swedish streaming company expects an operating profit of €630 million, whereas analysts on average had pencilled in €684 million. That [&hellip The post Spotify plunges on stock market after weak profit outlook and slower growth in premium subscribers appeared first on...