HomeLifestyleFood & BeverageSonos (SONO) Lowers the Volume On 2022 Guidance
Sonos (SONO) Lowers the Volume On 2022 Guidance

Sonos (SONO) is the subject of today’s FOMO segment. In this segment Alex Coffey and Jenny Horne discuss the audio equipment maker’s earnings report. Jenny and Alex discuss Sonos (SONO) stock falling 25% after the company slashed its full-year guidance, citing a “challenging macroeconomic” backdrop. Jenny breaks down the details of the report and Alex demonstrates a example trade using Sonos (SONO) which was trading around $17/share Thursday.

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