Spotify Stock Drops 3.28% with $1.041 Billion Trading Volume Ranking 59th as Ultra Premium Tier Plans Unveiled

On March 28, 2025, Spotify Technology (SPOT) experienced a decline of 3.28%, with a trading volume of $1.041 billion, ranking 59th in the day's stock market activity.

Spotify is reportedly planning to introduce an "ultra premium tier" that surpasses the current premium offering. This new tier is expected to include lossless audio, catering to the company's 'Super Fans' who have shown interest in a high-end service tier. This strategic move aims to attract users seeking superior audio quality and exclusive features, potentially driving subscriber growth and revenue.

Spotify is projected to achieve its first full year of positive net income in 2024, with an estimated earnings per share (EPS) of $5.90. This marks a significant turnaround from the previous year's loss of $2.73 per share, indicating the company's progress towards profitability.