SONO - Sonos, Inc.

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by KyleLennon, Sep 9, 2018.

  1. KyleLennon

    KyleLennon Member

    Joined:
    Mar 25, 2018
    Messages:
    248
    Likes Received:
    34

    Sonos, Inc., through its subsidiaries, designs, develops, manufactures, and sells multi-room audio products primarily for use in private residences in the United States and internationally. It offers wireless speakers, home theater speakers, and components. The company offers its products through third-party retail stores and e-commerce retailers, as well as through its sonos.com Website. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was founded in 2002 and is headquartered in Santa Barbara, California.
     
  2. KyleLennon

    KyleLennon Member

    Joined:
    Mar 25, 2018
    Messages:
    248
    Likes Received:
    34
  3. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    Popped on my radar this morning, anybody trading it?
     
  4. emmett kelly

    emmett kelly Well-Known Member

    Joined:
    Dec 21, 2017
    Messages:
    1,588
    Likes Received:
    1,224
    not trading it but it is my daily contest pick. headed in wrong direction early, but still time left. could be another worst to first pick.
     
  5. Alex Moon

    Alex Moon New Member

    Joined:
    Jul 27, 2021
    Messages:
    14
    Likes Received:
    8
    SONO: The giant slayer [​IMG]

    To be honest, I just heard of this company today.
    It caught my attention right away as it made it to the top 25 stocks with the most traded volume, and the stock price went from 34 to 40 in just three days.
    Are you looking for some long term stable relationship or some casual ones?
    Here’s the deal. [​IMG]

    ---Promise or Non-sense?---

    SONO kicked Google’s ass in a lawsuit[​IMG]
    Sonos, a company manufactures and sells multi-room speaker systems, sued Google for stealing tech of their speaker systems, and announced the victory of the lawsuit yesterday. Though the final fine isn’t confirmed yet, this typically ends up in $$$$, A LOT of $$$.
    Unlike this giant company, Sono is like a no-name-hero at this point. Even though it has businesses in America, Europe, the Middle East, Africa, and the Asia Pacific, they are just recognized until this moment.
    -
    Sales are surging faster than “influencers” on Instagram
    SONO sales are growing strong and stable every year as people are getting used to enjoying stay-at-home situation. If you’re going to get stoned at home, you’ll probably need some good music to go with the vibe. In this case, Sonos makes you hear sounds in every corner in your house without you getting stoned. [​IMG]
    As competitors like Google got weakened by the lawsuit, there’s still room for growth potential.
    -
    My thoughts [​IMG]
    Genius’ investments can always be nonsense but polished. So, what’s the bee’s knees here?
    Short term wise, I’m expecting more room to grow in the next few days while more people are just noticing SONO.
    Long term wise, as competitive as the speaker system market is, I’m expecting its growth will ease up in the next 2 years.
    This is totally a fun type of girlfriend but absolutely not a wife material for my taste.
     

    Attached Files:

    • MEME.png
      MEME.png
      File size:
      357.7 KB
      Views:
      91

Share This Page