Spotify Stock Slips Amid CEO Transition and Goldman Sachs Downgrade

Spotify’s stock fell 6.6% after two major announcements shook investor confidence. CEO Daniel Ek will step down on January 1, 2026, shared last week. He will be replaced by co-CEOs Alex Norström and Gustav Söderström and the downgrade the Stock from Goldman Sachs. Leadership Shake-up & Goldman Sachs Downgrade Daniel Ek will step down as […]