On which stock exchange are Spotify's American depositary receipts listed?

Spotify’s American depositary receipts are listed on the New York Stock Exchange. The company trades in the United States under the ticker symbol SPOT, while its ordinary shares are represented by ADRs so American investors can buy and sell them through U.S. markets.

Spotify is a Swedish-founded audio company, but its corporate structure and international investor base mean its U.S. listing should not be confused with its origins. The company was founded in Stockholm in 2006 by Daniel Ek and Martin Lorentzon and launched publicly in 2008.

A common mix-up is Nasdaq: many major technology companies trade there, but Spotify is an NYSE-listed company. “ADR” also does not mean Spotify is an American company; it describes a U.S.-traded receipt representing shares of a foreign issuer. Spotify’s listing became notable because it used a direct listing in 2018 rather than a conventional initial public offering.