🔴 SPOT is trading 14.20% down today as weak Q2 guidance overshadows Q1 earnings beat

SPOT is trading at $425.41 (-14.20%) after the company's disappointing second-quarter forecast outweighed strong first-quarter results.

• Spotify beat Q1 2026 expectations, reporting €4.5 billion in revenue and a record €715 million in operating income.
• However, the stock plunged after the company issued Q2 guidance for operating income and premium subscriber additions that fell below Wall Street estimates.
• The weak outlook signaled a potential slowdown in key markets, leading to a sharp sell-off by investors despite the strong Q1 performance.