SONO - Low Market Cap, Fantastic CompanyCategory leader in what they do.
Access to A/V for high-end households.
Market Cap of < $4B.
Potential undervaluation here.
0ZFN trade ideas
Spotify Rumored Buyout of SONO - $4 Billion or more, Over $31Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its Website sonos.com. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was founded in 2002 and is headquartered in Santa Barbara, California.
"We are hearing from a European desk (Spotify is based in Sweden) that Spotify is preparing a roughly $4 billion bid to acquire home entertainment company Sonos (over $31 per share). There has been talk of an interest by Apple in Sonos, but the Sonos board is prepared to go ahead with Spotify. Dont know stock/cash terms."
Lets see what happens. Rumor SONO will be bought has been circulating for several months.
Today's price action tells us something is brewing!
Best of luck folks!
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Option Play: SONOStock is building massive momentum into earnings tomorrow - Keep in mind what kind of stock this is. They focus primarily on “at home” multi-room music systems. Where has everyone been the last 8 months?? I imagine a massive beat that gaps the stock near or above previous IPO highs. This is pure speculation. I will be playing the 12/18 20c’s. Good luck if you play!!
SONOS INC ANCORA BEARDopo glie Earnings di tutto il DOW Sonos si ritrova con u importante rottura di un trendline in ballo dalla ripresa POST COVID.
La nostra view sul titolo rimane ribassista fino ai livelli indicati, ottime opportunità sul daily per provare a prendere un ritracciamento su questa rottura di super trend.
Operazione comunque con r/R a nostro vantaggio con stop sopra il cambio di super trend per non farci andare a scattare in caso di falso segnale.
$SONO Sonos Earnings Analysis
SONO Currently sits under the Fibonacci Golden Pocket as earnings approach.
The fact that this the IPO level also means that there is considerable supply of sellers,
whom have been waiting to get out of the stock.
Safest entry is above $18.00 or take the risk into earnings, that the home makeover
theme will bring a big beat.
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