Spotify (NYSE: SPOT) reported a drop in cash flow in the fourth quarter, but investors don't seem worried. Motley Fool contributor Travis Hoium highlights why user growth and improving margins in advertising are a big reason why.
Spotify shares pop nearly 12% Tuesday for the stock's best day since January 2022.
Shares of Spotify (NYSE: SPOT) popped on Tuesday after the audio platform delivered strong subscriber-growth metrics. As of 2:35 p.m. ET, Spotify's stock price was up more than 11%. Spotify added a record 33 million monthly active users (MAUs) in the fourth quarter.