NEW YORK, December 29, 2025, 19:30 ET — After-hours
Shares of Spotify Technology S.A. (NYSE: SPOT) fell about 0.6% to $581.19 in after-hours trading — the period after the 4 p.m. ET close — after ranging between $577.29 and $586.53 earlier in the session.
The move came as Wall Street ended lower ahead of the New Year holiday, with the Nasdaq down 0.5% as heavyweight technology stocks retreated from last week’s gains, Reuters reported. Investors are also watching Federal Reserve meeting minutes and weekly jobless claims later this week in an otherwise light data calendar.
For Spotify, the pullback leaves the stock about 26% below its 52-week high of $785 and under its 50-day moving average near $615 — a short-term trend gauge based on the average closing price over the past 50 sessions.
Spotify on Monday published a year-end product recap highlighting feature launches such as lossless audio (rolling out in select markets for Premium users), a wider music video beta in North America, new Audiobooks+ add-on plans, and Spotify’s integration in ChatGPT conversations, the company said.
Separate from product news, Spotify told TechCrunch it identified and disabled user accounts involved in unlawful scraping after a piracy activist group claimed to have copied music and metadata from the platform, and said it added safeguards to curb similar attempts.
Earlier this month, Spotify said it would make music videos available to Premium subscribers in the U.S. and Canada as it challenges YouTube and other rivals for attention. “Engagement is a very important part for our measurement,” CFO Christian Luiga said at a Morgan Stanley conference, according to Reuters. Reuters
Spotify has also pushed video in other ways, including a partnership with Netflix to bring some Spotify video podcasts to Netflix users in early 2026, the companies said in October.
Investors are now looking to the company’s next earnings update: Spotify said it will post fourth-quarter results on Feb. 10 before the market opens and host an 8 a.m. ET Q&A webcast.
Management succession remains another near-term focus. Spotify has said founder Daniel Ek is set to become executive chairman on Jan. 1, with co-presidents Gustav Söderström and Alex Norström slated to become co-CEOs.
Traders will watch whether the stock stabilizes around the $580 level and makes a run back toward its 50-day average, while any fresh disclosure tied to piracy enforcement or rights-holder talks could move sentiment.
With year-end positioning and a tech-led pullback still in play, Spotify’s next session may hinge on broader risk appetite as much as company-specific headlines.
