Analyst turns skeptical of Sonos's resilience due to instabi...
Analyst turns skeptical of Sonos's resilience due to instability in premium pricing strategy. Believes it could take years for home audio sales rebound post-pandemic due to long replacement cycle and high interest rates translating to weak housing turnover. Live experiences also preferred over home entertainment post-pandemic.
Sonos's Stock Dinged as BofA Ends Bullish Call
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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