Option chain shows key data for GZ6G Technologies's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for GZ6G Technologies.

GZ6G Technologies (OTC:GZIC) Stock, Option Chain

GZ6G Technologies Corp is a complete enterprise smart solutions provider. It is focused on acquiring smart city solutions, developing products, and overseeing smart cities and smart venues. It also assists in modernizing clients with wireless IoT technology for the emerging 5G and Wi-Fi 6 marketplaces. It generates revenue from contracts that among other services, provide wireless and digital promotion rights for certain events including WiFi media network advertising rights, and the development of smart venue wireless networks and software engagement technology products for airports, stadiums, campuses, cities, and other venues in the United States and International markets.

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GZ6G TECHNOLOGIES CORP by GZ6G Technologies Corp.

GZ6G Technologies Corp

Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) executives and board members have capitalized on the company&#8217;s remarkable stock performance in 2024, selling $1.25 billion worth of shares as the streaming giant&#8217;s market value approaches $100 billion.
What Happened: Co-founders Daniel Ek and Martin Lorentzon led the selling spree, collecting $350 million and $550 million respectively, according to U.S. Securities and Exchange Commission filings. The stock sales accelerated in November and December, involving approximately 20 company leaders.
The streaming service&#8217;s shares have nearly tripled in 2024, marking a dramatic recovery from 2022-2023 when its market capitalization fell below $20 billion. The turnaround follows successful cost-cutting measures, <a href="https://www.benzinga.com/news/23/12/36063807/spotify-to-layoff-17-of-workforce-being-lean-is-not-just-an-option-but-a-necessity-says-ceo-daniel-e">including a 25% workforce reduction</a> in 2023, and price increases across multiple markets.
Key executives joining the selling wave include Chief Product and Technology Officer Gustav Söderström ($106 million), Chief Business Officer Alex Norström ($63 million), and Chief Human Resources Officer Katarina Berg ($38 million). Netflix CEO Ted Sarandos, a Spotify board member since 2016, sold $6 million in stock.
See Also: <a href="https://www.benzinga.com/24/12/42640181/microstrategys-michael-saylor-proposes-digital-assets-framework-for-us-advocates-bitcoin-reserve-capable-of-generating-1681-trillion-in-wealth">Michael Saylor Proposes US Digital Assets Framework, Backs Bitcoin Reserve Capable Of Generating $16–$81 Trillion In Wealth</a>
Why It Matters: JPMorgan recently named Spotify <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42561047/amazon-meta-alphabet-spotify-lead-jpmorgans-2025-tech-picks-for-ai-potential">among its top tech picks for 2025</a>, alongside Amazon.com Inc., Meta Platforms Inc., and Alphabet Inc., citing AI-driven growth potential. However, investment firm Ark Invest, led by Cathie Wood, sold approximately $4.8 million worth of Spotify <a href="https://www.benzinga.com/24/12/42281575/cathie-woods-monday-moves-4-8m-spotify-stock-sale-meets-4-7m-pinterest-shopping-spree">shares in early December</a>.
Price Action: Spotify closed at $460.88 on Friday, up by 1.48%. In after-hours trading, the stock slightly gained, reaching $461.06. Year-to-date, Spotify&#8217;s stock has surged 144.11%, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
Spotify has a <a href="https://www.benzinga.com/quote/SPOT/analyst-ratings">consensus price target</a> of $402.19, based on 32 analysts. The highest target is $560, and the lowest is $190. The most recent ratings, from Canaccord Genuity and Goldman Sachs, suggest a 13.87% upside, with an average target of $525.
<figure class="wp-block-image aligncenter size-large is-resized"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/22231018/Screenshot-2024-12-23-at-9.39.14%E2%80%AFAM-1024x372.png" alt="" class="wp-image-703228" style="width:578px;height:auto" /></figure>
Read Next: 
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<li><a href="https://www.benzinga.com/markets/equities/24/12/42640010/palantir-and-anduril-reportedly-lead-consortium-partner-with-spacex-and-openai-to-compete-against-traditional-defense-contractors-in-850-billion-us-military-market">Palantir And Anduril Reportedly Lead Consortium, Partner With SpaceX And OpenAI To Compete Against Traditional Defense Contractors In $850 Billion US Military Market</a></li>
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Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Daniel Ek, Spotify Board Members Sell Over $1 Billion In Shares As Stock Surges 144% In 2024

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