Spotify stock slips after-hours as piracy-scrape update and new features keep SPOT in focus
Spotify shares fell 0.6% to $581.19 in after-hours trading, leaving the stock 26% below its 52-week high. The company published a year-end recap of new features and said it disabled accounts involved in unlawful scraping. Founder Daniel Ek will become executive chairman Jan. 1, with co-presidents set to become co-CEOs. Fourth-quarter results are due Feb. 10.