Sonos shares climb after successful IPO
IN THIS ARTICLE
- Earnings Topic
- Marissa Nall Author
By Marissa Nall Friday, August 10th, 2018
Sonos CEO Patrick Spence and co-founder John MacFarlane, center, work alongside other Sonos employees in Santa Barbara. Santa Barbara speaker maker Sonos successfully launched its IPO on Aug. 2 and, after an initial jump in price, the shares were solidly above the offering price one week later. The company raised a total of $95.8 million…