
But now, a year and a half later, shares have cratered below $90, or more than 75% below their all-time high. The stock hit an all-time high of around $360 per share in early 2021. The music and audio-streaming platform gained over 150% in less than a year after investors grew increasingly bullish on the future of music streaming and the major podcast deals the company was announcing. "It took us a bit to switch to using a different load balancing topology, but we were able to do so to restore service before Traffic Director issues were resolved.Spotify ( SPOT -0.64%) was a popular growth stock in 2020 and early 2021. Engineering took measures to remediate by moving to alternate proxy configuration that did not use traffic director.

"In its malfunction, it caused our internal load balancing layer to not have a valid configuration, which caused a loss of availability of the API. "Engineering has root-caused this issue to a Google Cloud component called 'Traffic Director' which is responsible for configuring our load balancing layer," the chat, voice and video-communications service explained. This was because of the same issue suffered by Spotify. Were the Spotify and Discord outages connected?ĭiscord also experienced some technical difficulties on Tuesday night. "You've been logged out, log back in to start listening," was another message that appeared, even when users entered the correct login details. "We're all mixed up, refresh this page or try again later," was one of the error messages seen on Spotify on Tuesday night.

During the technical issues, users were faced with a variety of error messages from Spotify.
