Spotify Shares Dip 4% After Founder Daniel Ek Exits As CEO

ToplineSpotify shares dropped more than $4% as trading opened on Tuesday, after the audio-streaming platform announced billionaire founder Daniel Ek would step down as chief executive after nearly two decades leading the company. The audio-streaming platform reported its first full-year profitability last year after expanding to podcasts and audiobooks.Anadolu via Getty ImagesKey FactsShares of Spotify dropped 4% around$ 697 as trading opened Tuesday, following a similar decline in premarket.Spotify said in ...