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Tag: NASDAQ: SONO
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Several reasons you should own SonosInc (SONO)

Tuesday’s trading session saw SonosInc (NASDAQ: SONO) gain 2.77%. Peaks of the day include $32.35, and the lowest point the shares reached was $30.95. According to Barchart, SONO closed the previous session at $31.36, while the trading volume was 2.49 million. During the past year, SONO stock has increased nearly 100%. Despite the pandemic and shopping center closures, the company’s sales have skyrocketed, driven by speakers’ high popularity and their increased sales. Several studies have confirmed the superior sound quality of SonosInc (SONO) premium audio speakers. Despite the closure of retail stores for a significant part of the year. Sales

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Double-Digit Rise in Sonos (SONO) And Victoria’s Secret Parent L Brands (LB) Stocks On Thursday

Sonos Inc (SONO) soared 29.84 percent after the Californian maker of wireless audio speakers posted performance well above estimates for its fourth fiscal year which ended at the end of September. Compared with the $299 million predicted by the FactSet consensus, revenue jumped 15.5 percent year-on-year to $339.8 million. Compared to a $29.6 million loss a year ago, the Santa Barbara-based corporation reported a net income of $18.4 million. Its per-share net income was 15 cents, compared to just 2 cents predicted by analysts and -28 cents a year earlier. Sonos expects revenue of $1.44 to $1.5 billion for the

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