Spotify's Record Profits Contrast with Stock Decline

Spotify is doing really well with lots of users and making lots of money.

They have over 700 million people using their service every month and 281 million people paying for it.

They made a lot of money in the last three months, almost €806 million.

But even though the company is doing great, the stock price has gone down a lot.

People who invest in stocks are worried because Spotify isn't making as much money per user as they hoped, and they have a lot of competition.

They also think Spotify might not be able to keep growing as much as other tech companies.

So even though Spotify is doing well, the stock isn't doing as well as some people thought it would.