Spotify Rallies on Subscribers; Hermès falls on China Sales | Stock Movers

- Shares of Procter & Gamble (PG) moved higher ahead of the US market open after the company's sales and profits beat Wall Street expectations. Organic revenue rose 4% in the first quarter, the fastest growth in three years. - Shares of Spotify (SPOT) rallied after results and forecast spoke to improving margin trends. Spotify reported that the service’s paying subscribers increased 2% to hit 306 million in the third quarter, topping Wall Street estimates of 305.1 million. - Hermès (RMS FP) re