Spotify shares were listed on the stock exchange after the first day of trading at $ 165.90, above the opening price of $ 132, with the company's market value of $ 29.5 billion
Spotify is the world leader among music streaming companies with more than 70 million subscribers paying twice as much as Apple
Spotify also sold shares in private deals last year between $ 37.5 and $ 125 per share.
The company recorded revenues of 4 billion euros last year, up nearly 40%, from 2.95 billion euros in 2016, but suffered a loss of 1.2 billion dollars
Spotify was launched in Romania last month, with a free version and a premium based on a monthly subscription.