Spotify Stock Climbs After Earnings. What Higher Prices Did to Growth.

Core Insights - Spotify's stock experienced an increase due to a rise in monthly active users by 11% to 713 million, surpassing the company's previous guidance of 710 million [1] Company Performance - Monthly active users reached 713 million, reflecting an 11% growth [1] - The growth exceeded the company's prior guidance, indicating strong user engagement and potential for future revenue growth [1] Market Reaction - The increase in monthly active users positively impacted Spotify's stock price, suggesting investor confidence in the company's growth trajectory [1]