Spotify is trading 4.3% higher at $509.13 on October 7, with no confirmed catalyst for the gain.
- Spotify announced audiobook access will expand from 22 to more than 180 markets, with rollout beginning October 7 and continuing over the coming months. Available coverage does not directly link the announcement to the share-price rise.
- Broader markets faced pressure from rising oil prices, Treasury yields and geopolitical concerns, moves opposite to Spotify’s direction.
- No reliable trading-volume or activity figure was available.