Spotify Stock Jumps On Improved Profitability, User Growth

Group 1 - Spotify Technology reported a significant increase in profitability and user growth, leading to a jump in stock price [1] - In Q4, Spotify added 9 million premium subscribers, surpassing estimates of 8 million, ending the quarter with 290 million paying subscribers globally, reflecting a 10% year-over-year growth [1] - The company’s total user base reached 751 million, indicating strong overall growth in its streaming service [1]