Page 16 - Patrick Spence News Today

Sonos Inc (NASDAQ: SONO) shares are trading higher Thursday after the company reported better-than-expected financial results and announced

These are the stocks posting the largest moves in midday trading.

Sonos CEO Patrick Spence has teased a major new product category for next year, likely its long-rumored headphones.

(Bloomberg) -- Sonos Inc. shares rallied the most in nine months on Thursday after the company announced plans to expand into a “major” new product category, which is widely seen as the headphone market.Most Read from BloombergCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIMicrosoft Ends Weekend of OpenAI Drama...

Sonos CEO Patrick Spence teased a new product coming in 2024 that'll be part of a multiyear product cycle in a multibillion-dollar category.

Sonos, Inc. today reported fourth quarter and fiscal 2023 results. Fiscal 2023 Financial Highlights Revenue decreased 5.5% year-over-year to $1,655.3 million; on a constant-currency basis,...

Shares of Sonos, Inc. (NASDAQ:SONO – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the four brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target […]

Raymond James Financial Services Advisors Inc. lowered its stake in Sonos, Inc. (NASDAQ:SONO – Free Report) by 23.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,015 shares of the company’s stock after selling 4,904 shares during the quarter. Raymond James Financial […]

Exhibits on display in the next month

Kistler Tiffany Companies LLC cut its holdings in Sonos, Inc. (NASDAQ:SONO – Free Report) by 11.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,755 shares of the company’s stock after selling 5,319 shares during the period. Kistler Tiffany Companies LLC’s holdings in Sonos […]