Spotify's rush comes on the heels of better-than-expected growth in its financial results, which the company expects will continue in the first quarter of 2026.
Otherwise, grim faces dominated the US stock market on Tuesday, as weak retail sales figures and concerns about the impact of AI developments on financial markets set the tone.
The broad-based S&P 500 index fell 0.3 percent, while the tech-heavy Nasdaq fell 0.6 percent. Slightly more positive was the Dow Jones industrial average, which rose 0.1 percent to another record high.
Notable among the losers were retail giants Walmart and Costco, which fell about 2 percent and 2.6 percent, respectively.
