Spotify Stock Falls

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Spotify is falling 7% to just above $158 a share in post-market trading after reporting an earnings miss Wednesday afternoon.The streaming-music giant reported earnings-per-share of -1.01 euros, badly missing the Wall Street consensus of -0.23 euros per share. Revenue came in at 1.14 billion euros, in line with analyst expectations.Spotify went public in early April through a direct public offering.


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