Spotify shares rose about 10% to $579.49 after the company reported Q3 2026 Premium subscribers of 306 million, 1 million above its guidance, with 6 million net additions and growth in every region. Management guided to 316 million subscribers and €820 million in operating income for Q4, and credited audiobooks with lifting acquisition and retention. Revenue rose 16.3% to $5.58 billion, but GAAP diluted EPS of $2.79 missed the $2.85 consensus due to higher share-based compensation charges, and operating expenses grew 26%. Sirius XM was roughly flat at $26.85, down 0.4%, reflecting different business models: Spotify relies mainly on streaming subscriptions, while Sirius XM sells radio subscriptions largely through vehicles.
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| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 773.13 |
| Change that session | +0.53% |
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