<div id="readability-page-1">Shares of Spotify Technology SA (NYSE:SPOT) are 2.8% lower to trade at $707.60 this morning, after the music streaming company announced CEO Daniel Ek plans to resign, and will be replaced by co-CEOs Alex Norström and Gustav Söderström, effective Jan. 1. This morning Goldman Sachs downgraded the SPOT to &#34;neutral&#34; from &#34;buy&#34; and trimmed its price target to $765 from $770, the analyst in coverage noting much of the company's value is already priced in. Spotify stock is 11% off its June 27 all-time high of $785. But despite today's struggles, SPOT is still 55% higher in 2025, with support for recent sideways trading at its 100-day moving average. Put traders have been moving in over the past two weeks. This is per SPOT's 10-day put/call volume ratio of 1.44 over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which ranks in the 77th percentile of readings from the past 12 months. Options are affordably priced, per the stock's Schaeffer's Volatility Index (SVI) of 38%, which ranks in the 16th percentile of its annual range. This implies that options players are pricing in lower-than-usual volatility expectations.</div>

SPOT

Spotify 科技公司（NYSE:SPOT）的股价在首席执行官 Daniel Ek 宣布辞职后下跌了 2.8%，至 707.60 美元。联合首席执行官 Alex Norström 和 Gustav Söderström 将于 1 月 1 日接任。高盛将该股票评级从 “买入” 下调至 “中性”，并将目标价下调至 765 美元。尽管今天股价下跌，Spotify 在 2025 年仍上涨了 55%，但仍比历史最高点 785 美元低 11%。期权交易显示出较低的波动性预期，认沽/认购成交量比率为 1.44

评级下调和高管层分裂导致 Spotify 股价下跌