Sonos shares soar after Citron says Apple should acquire it
IN THIS ARTICLE
- Earnings Topic
- Staff Report Author
By Staff Report Monday, June 22nd, 2020
Sonos shares surged nearly 20 percent June 22 after Beverly Hills stock research firm Citron Research dubbed it the “sound of the ‘stay at home’ economy” and suggested it was a good acquisition prospect for Apple. The report highlighted the Santa Barbara audio company’s development of a robust software platform to augment its high quality…