Spotify Shocks With Enormous User Growth

Spotify (NYSE: SPOT) reported incredible user growth in the first quarter, overcoming the pandemic that has hurt so many tech businesses. In this video, Travis Hoium discusses the good and bad of the quarter for Spotify.

*Stock prices used were end-of-day prices of April 25, 2023. The video was published on April 26, 2023.

10 stocks we like better than Spotify Technology
When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

They just revealed what they believe are the ten best stocks for investors to buy right now... and Spotify Technology wasn't one of them! That's right -- they think these 10 stocks are even better buys.

See the 10 stocks

*Stock Advisor returns as of April 24, 2023

Travis Hoium has positions in Spotify Technology and Walt Disney. The Motley Fool has positions in and recommends Netflix, Spotify Technology, and Walt Disney. The Motley Fool recommends the following options: long January 2024 $145 calls on Walt Disney and short January 2024 $155 calls on Walt Disney. The Motley Fool has a disclosure policy. 

Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.