Spotify's Premium Service Causes a Strong Rise in the Company's Shares

Spotify's stocks surged today, with the company's shares rising by approximately 5.4%.

This rise comes as a result of the company's announcement of a price increase for its Premium service.

The company announced that the price increase will affect several regions

around the world, including Asia, specifically the South and Middle East,

as well as the Pacific, Africa, and Europe.

The company stated that an email will be sent to all subscribers

affected by the price increase, notifying them of the new prices.

The company stated that the price increase is part of its plan to provide a unique and global experience

and introduce a variety of new and innovative services to ensure the best user experience.

It's also worth noting that the US stock market saw a general rise on Monday 

in an attempt to recoup losses from the previous session.

The Dow Jones index rose more than 0.80%, 

the Nasdaq rose more than 1%, and the S&P 500 rose more than 1.1%.