Spotify stock price: SPOT soars ahead of price hikes; streaming giant sees double-digit growth

In its Q2 2024 earnings Tuesday, the Swedish company posted user and revenue growth while investors rewarded it for its recent focus on efficiency.

Shares of Spotify Technology S.A. (ticker: SPOT) are soaring ahead of the opening bell this morning after the music streaming company announced its Q2 2024 earnings. At the time of this writing, SPOT stock is currently up over 13% to $334.00 a share in premarket trading.