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Spotify Sets User Growth Record; Coca-Cola Slides; Harley-Davidson Shares Tumble
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Spotify Technology, (SPOT) 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.
- Coca-Cola (KO) shares fall as the beverage company’s 2026 outlook for organic sales disappointed some investors, particularly after a strong run up in the stock this year.
- Harley-Davidson (HOG) shares slide after the motorcycle maker reported revenue for the fourth quarter of $496 million, sharply below the consensus estimate. Motorcycle shipments were worse than expected, as was the adjusted loss per share.
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