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Hosted on MSNDaniel Ek’s Aggressive Spotify Stock Selloff Isn’t Finished — Early 2025 Cash-Outs Move One-Year Total Past $433 MillionWhat better way to kick off 2025 than with a Spotify stock (NYSE: SPOT) windfall? CEO Daniel Ek is picking up where he left off in 2024 by moving millions more in shares. Like with the Spotify head’s ...
Spotify’s stock surged to a new all-time high of $626 this week, boosting the company’s market cap to $125.71 billion.
The streaming giant closed out its first full year of profitability in 2024 while growing listeners to a new record. Just ...
The Spotify boss divested $57.1 million worth of company stock in January, bringing his total share sales since July 2023 to $597.3 million.
Spotify shares are up 10% premarket on a strong fourth quarter that saw users and subscribers grow and the global music giant ...
However, in early 2023, Spotify CEO Daniel Ek embarked on a series of cost-cutting measures that would lead to the stock's turnaround. All in all, Ek cut about 17% of the company's workforce in ...
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