Singapore markets open in 2 hours 2 minutes
  • Straits Times Index

    3,200.03
    -15.04 (-0.47%)
     
  • S&P 500

    4,274.51
    +0.98 (+0.02%)
     
  • Dow

    33,550.27
    -68.61 (-0.20%)
     
  • Nasdaq

    13,092.85
    +29.24 (+0.22%)
     
  • Bitcoin USD

    26,302.27
    +147.77 (+0.57%)
     
  • CMC Crypto 200

    562.03
    -0.62 (-0.11%)
     
  • FTSE 100

    7,593.22
    -32.50 (-0.43%)
     
  • Gold

    1,894.50
    +3.60 (+0.19%)
     
  • Crude Oil

    93.85
    +0.17 (+0.18%)
     
  • 10-Yr Bond

    4.6260
    +0.0680 (+1.49%)
     
  • Nikkei

    32,371.90
    +56.85 (+0.18%)
     
  • Hang Seng

    17,611.87
    +144.97 (+0.83%)
     
  • FTSE Bursa Malaysia

    1,440.11
    -5.44 (-0.38%)
     
  • Jakarta Composite Index

    6,937.83
    +14.03 (+0.20%)
     
  • PSE Index

    6,374.68
    +110.74 (+1.77%)
     

Why Sonos Stock Got Smacked Down Today

Why Sonos Stock Got Smacked Down Today

Shares of premium audio company Sonos (NASDAQ: SONO) got smacked down on Thursday after the company reported financial results for its latest quarter and lowered its full-year guidance. As of noon ET, Sonos stock was down 24%. After the market closed yesterday, Sonos reported financial results for its fiscal second quarter of 2023, which ended on April 1.