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NetworkNewsBreaks – Sonos Inc. (NASDAQ: SONO) Featured in Analysis Report

Company: Sonos Inc. (SONO)
Category: Analyst Alerts

Sonos (NASDAQ: SONO), a leading sound experience brand, was featured in a recent analysis report that discussed its soaring stock performance. The report, written by LikeFolio Founder Andy Swan, reads, “SONO shares are trading +260% YoY, thanks in part to pandemic related macro trends. Home Renovation mentions increased +41% YoY in 2020 as consumers reshuffled and re-did areas of their home, boosting home speaker demand. We saw this opportunity developing in SONO and featured the company on our June MegaTrends report — when shares were trading below $15.”

About Sonos Inc.

Sonos is one of the world’s leading sound experience brands. As the inventor of multiroom wireless home audio, Sonos innovation helps the world listen better by giving people access to the content they love and allowing them to control it however they choose. Known for delivering an unparalleled sound experience, thoughtful home design aesthetic, simplicity of use and an open platform, Sonos makes the breadth of audio content available to anyone. Sonos is headquartered in Santa Barbara, California. Learn more at www.Sonos.com.

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