11-09-2018 17:39 via feedproxy.google.com

Investors are tuning out Sonos after a disappointing quarter

Sonos stock is still struggling to recover after a disappointing earnings report sent shares of the audio hardware manufacturing company plummeting.
The stock is currently down over 18 percent in trading on the Nasdaq after yesterday’s news that the company lost 45 cents per share on revenues of roughly $208 million for the quarter.
The losses put Sonoson pace for its worst day since debuting on the public markets in August.Sonos sees modest gains on first day of tradingRevenue was down pr
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