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Investor's Business Daily

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Spotify set to post 126% earnings spike to $2.52 per share before Tuesday's open

Investor's Business Daily
Summary
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Spotify Technology (SPOT) is expected to deliver a 126% spike to $ 2.52 per share when the music streamer reports its first-quarter performance before Tuesday 's market open.

Launched in 2008 , Spotify now has 675 million users, including 263 million paid subscribers across 184 markets.

Investors should note that it's risky to buy any stock just ahead of earnings.