Swedish streaming giant Spotify (SPOT.US) surged over 15%, trading at $478.7.
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In terms of news, Spotify's Q4 revenue last year increased by 7% year-on-year to 4.53 billion euros, slightly higher than the market expectation of 4.52 billion euros. Monthly active users reached a record 751 million, up 11% year-on-year. Premium subscribers reached 290 million, up 10% year-on-year. (Gelonghui)
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