Friday, August 3, 2018

Sonos closes its first day of trading at $19.91, up 32% from its initial price of $15, giving the company a valuation of about $1.95B after today's IPO (Sara Salinas/CNBC)

Sara Salinas / CNBC:
Sonos closes its first day of trading at $19.91, up 32% from its initial price of $15, giving the company a valuation of about $1.95B after today's IPO  —  - Sonos markets its high-end, web-connected speakers to audiophiles and music fans as the speaker industry moves toward smart assistants made by Amazon and Google.



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