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SPOT Oct 2024 210.000 put
| Previous close | 5.25 |
| Open | 5.89 |
| Bid | 4.75 |
| Ask | 6.25 |
| Strike | 210.00 |
| Expiry date | 2024-10-18 |
| Day's range | 5.20 - 5.89 |
| Contract range | N/A |
| Volume | |
| Open interest | 57 |
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Daniel Ek, the co-founder of Spotify Technology SA (NYSE:SPOT), has recently sold 650,000 company shares through two transactions, marking a significant increase in stock sales compared to previous years. The series of sales, valued at about $179 million, represents Ek’s strategic financial planning despite still holding a 7% stake in Spotify, a significant component of his $4.4 billion net worth. Spotify’s stock has risen significantly, increasing by 267% since late 2022, according to Bloomberg
