Spotify is trading at $579.14, up 10.24%, after Premium subscriber growth beat analyst expectations. - On October 22, Premium subscribers rose by 6 million to 306 million; revenue and EPS missed consensus. - Gross margin was 33.0% and operating income €672 million, both ahead of expectations. - Spotify forecast Q4 revenue of €5.2 billion and 818 million MAUs; broader markets were lower and do not explain the rise.