Still Time to Buy Spotify (SPOT) Stock After Q1 Earnings?

Despite missing its first quarter expectations on Tuesday, Spotify (SPOT) stock has risen +3% since its Q1 report to over $600 a share.That said, investors may be wondering if the rally in the music streaming giant’s stock can continue with SPOT up more than +35% year to date, to largely outperform the declines among the broader indexes and even top Netflix’s (NFLX) +27%.Image Source: Zacks Investment Research Spotify’s Q1 Results Missing analysts' lofty forecast, Spotify reported Q1 EPS of$ 1.13 compared ...