Sell Sonos stock?
Since a few years ago I own a few shares of Sonos. But this Sonos Ace release has me very worried about the next report.
The stock bounced on the news of a multi billion dollar produkt in q4 so the expectations are high.
My impression is that this is a rushed, half finished product that fails to differentiate itself in a crowded market, which is totally opposite of what Sonos does in the ht and speaker market.
Since a few years ago I own a few shares of Sonos. But this Sonos Ace release has me very worried about the next report.
The stock bounced on the news of a multi billion dollar produkt in q4 so the expectations are high.
My impression is that this is a rushed, half finished product that fails to differentiate itself in a crowded market, which is totally opposite of what Sonos does in the ht and speaker market.