S&P Global Tumbles, Harley-Davidson Rises, Spotify Climbs on User Growth
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Show Notes
On this episode of Stock Movers:
- S&P Global (SPGI) shares tumble after the financial information services company gave a forecast for adjusted profit for the full year that fell short of Wall Street’s expectations.
- Harley-Davidson (HOG) shares rise. Harley said on an earnings call that shipments will increase. That's after the company reported an unexpected drop in motorcycle shipments, extending its struggles in the face of weak demand and punishing tariffs.
- Spotify (SPOT) shares climb after the Swedish music streaming giant added a record number of users last quarter, far surpassing Wall Street analyst expectations. The world’s biggest streaming service added 38 million users from October through December to reach 751 million, according to a statement Tuesday. That beat the average analyst forecast for 745.2 million.
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