SONO Stock Price
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Stock Overview
This “Stock Overview” table offers a snapshot of a company’s performance.
Price: This is the current market value, telling you how much one share costs.
Change: This shows how much the price moved compared to yesterday, green for up, red for down.
Volume: This tells you how many shares were traded, suggesting activity and investor interest.
High/Low/Open: These show the price range during the day and where it started (open) and finished (close).
Previous Close: This is yesterday’s closing price, providing context for today’s change.
52-Week High/Low: These tell you the stock’s peak and valley over the past year, helping assess current price relative to its broader trend.
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History of SONOS Inc.
Sonos, Inc., headquartered in Santa Barbara, California, has a rich history of innovation in the wireless home audio market. Founded in 2002 by John MacFarlane, Craig Shelburne, Tom Cullen, and Trung Mai, the company set out to revolutionize how people experience music at home.
Early Beginnings (2002-2005):
2002: The Sonos ZP100, the company’s first product, debuted as a wireless music player connecting to home stereo systems and controlled by computers.
2004: The Sonos ZP5 expanded the vision, allowing connection to multiple speakers in different rooms, creating a true whole-home audio experience.
2005: The Sonos Connect marked a pivotal moment, enabling music streaming from online services like Rhapsody and Napster, breaking free from computer dependence.
Growth and Expansion (2006-2016):
Sonos continuously expanded its product line and music service partnerships, adding features like smartphone and tablet control.
2009: The Sonos Playbar soundbar integrated TV audio into the Sonos system, enhancing the entertainment experience.
2012: The Sonos Play:3, a more affordable wireless speaker, broadened the company’s reach to a wider audience.
2015: Sonos entered the smart speaker market with the Sonos One, featuring voice control capabilities.
Recent Developments (2017-present):
2017: Sonos went public on the Nasdaq stock exchange, marking a significant milestone.
2018: The Sonos Beam soundbar arrived, supporting Dolby Atmos surround sound for an immersive audio experience.
2019: The Sonos Arc, a premium soundbar with Dolby Atmos and built-in subwoofers, further elevated the home theater experience.
2020: The Sonos Roam, a portable smart speaker with water and dust resistance, offered flexibility for listening on the go.
2021: The Sonos Move, another portable smart speaker, added built-in battery power for truly mobile listening.
Today, Sonos stands as a leading force in wireless home audio. Their products are renowned for their high-fidelity sound, user-friendly design, and extensive features. Sonos has cultivated a loyal customer base, establishing itself as a key player in bringing music and entertainment to life throughout the home.
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