Also Read: Barack Obama Joins Michelle Obama's Spotify Podcast as Inaugural GuestAfter warning the service had seen a “modest” drop in consumption due to the coronavirus pandemic at the end of the first quarter, Spotify on Wednesday, in its letter to shareholders, said “global consumption hours have recovered to pre-COVID levels.”As mentioned above, Spotify’s stock price dropped to $254.20 in premarket trading — about $45 below its all-time high, hit earlier this month.“Our business performed well in Q2 and continues to operate at a high level despite the continuing uncertainty surrounding the Covid-19 pandemic,” Spotify added in its letter to shareholders. “Excluding the impact of social charges related to the increase in our share price.
Read more on thewrap.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.