There's a streaming play continuing its comeback on Tuesday, but the charts suggest investors may want to wait before buying more.
SPOT 5Y mountain Spotify, 5-years On Tuesday, SPOT reported a loss, but showed its user base was expanding and that the company is improving operating efficiency.
Analysts were expecting an additional 8.9 million new subscribers, but it added 10 million to bring the total paying user base to 236 million worldwide.
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Persons:
I've, Gordon, AMZN
Organizations:
Spotify, Alpha, CNBC Pro, Netflix