And one that pleased investors initially, sending Spotify's stock price up 5% before a broad-based tech selloff pushed the shares back down into the red by the end of trading Monday. Spotify is still up more than 11% since the start of the year and about 138% over the past 12 months, well outperforming other hot streaming names such as Netflix and Disney. Shares of Warner Music Group, which as one of the world's largest record labels controls some of the most sought-after music Spotify's subscribers listen to, have actually lost about 4% so far this year. Opportunities beyond music streaming are a key draw for Spotify's investors right now. The stock's big surge over the past year has mostly come from hype over new podcast deals, with the likes of Joe Rogan, Kim Kardashian and DC Comics.