Why Sonos Stock Is Surging Thursday - Sonos (NASDAQ:SONO)
Sonos Inc (NASDAQ: SONO) shares are trading higher Thursday after the company reported better-than-expected financial results and announced
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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 With Coup of Its OwnTech Gi
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.