Spotify rises as report says firm to raise subscription prices outside US

Swedish audio streaming giant Spotify Technology's SPOT.N shares rise 1.8% to $618.02

Spotify will raise its subscription prices in dozens of countries around the world this summer, the Financial Times reported citing people familiar with the matter

Co was planning to raise prices by the equivalent of 1 euro ($1.14) on individual subscriptions in countries across Europe and Latin America as early as June - report

Spotify did not immediately respond to a Reuters request for comment

Up to last close, stock up ~35% this year

($1 = 0.8794 euros)