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A Closer Look at Spotify Technology's Options Market Dynamics
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Spotify (SPOT.US) has faced multiple instances of shareholding reductions by senior executives this year, cashing out 1.25 billion USD.
The Financial Times of the United Kingdom reported, citing documents from the USA Securities and Exchange Commission (SEC), that Spotify (SPOT.US) saw about 20 executives and Directors reduce their Shareholding within a year, cashing out 1.25 billion USD, with significant increases in sell-off activities in November and December. This year, Spotify's stock price has grown by 1.45 times, with a Market Cap approaching 100 billion USD. According to SEC documents, founder and CEO Daniel Ek sold nearly 0.35 billion USD worth of Spotify Stocks this year, with the most recent Shareholding reduction occurring on December 11, involving 28 million USD. And another
Express News | Streaming service stock prices have soared, and Spotify executives have cashed out 1.25 billion dollars this year.
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