Audio streaming giant Spotify is a tech company that offers audio streaming services to its users and consumers, making a profit from premium subscriptions on the platform. The company also makes high-end gains from the advertisements which run on its free version for users and consumers.

Given the market analysis of the Spotify stock SPOT, which includes a very steep future for the company as more and more factors come to light as to why this would be the case, the stock is anticipated to be headed towards a post-pandemic All-Time Low.

At the same time, the Spotify stock plummeted 10%. This can be attributable to the fact that the overall outlook for Q1 was bleak; monthly active users and premium subscribers both fell short by a few million, hurting total profit and revenue.

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