Sonos Stock

  • 1 September 2018
  • 5 replies
  • 490 views

I'm not sure how many customers you have so this may not be feasible, but would you consider offering one share of Sonos stock to existing Sonos customers?

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5 replies

Userlevel 7
Badge +21
Seems like a lot of work for Sonos to save ~$20 for a customer, and unsure what the benefit to the ~$20m cost might be. I bought my Sonos stock in the normal way.

I'd like to see Sonos offering stock holders benefits. Say 5% discount.

But like control I have purchased my shares in the normal way so now every thread I will be telling people to buy Sonos gear even if they don't need it!
Userlevel 7
Badge +21
Seems like a lot of work for Sonos to save ~$20 for a customer, and unsure what the benefit to the ~$20m cost might be. I bought my Sonos stock in the normal way.
Sonos stock touched $11.80 today which is exactly 1/2 of its highest price. I wonder at what point it becomes an irresistible acquisition target for some company looking to buy a bargain?
Lots of activity around Sonos stock today. Wonder if it is related to Christmas sales volumes?

https://walletinvestor.com/stock-forecast/sono-stock-prediction

At least the cost to implement the OPs original proposal is now much lower if Sonos decided to pursue it.
Probably due to this announcement:

https://en.community.sonos.com/announcements-228985/sonos-now-playing-with-alexa-groups-6817588