share price

Sonos Sets IPO Price Range at $17 to $19 per Share

Today, Sonos announced that it has set its IPO price range at $17 to $19 per share, hoping to raise as much as $250 million. This would value the speaker manufacturer at about $2.14 billion, which is less than the original $3 billion valuation. The company originally filed their IPO two weeks ago, announcing that...

Apple’s Share Price Drops Amid Holiday Sales Forecasts

Apple’s shares went down nearly four percent on Wednesday due to the company’s smaller-than-expected margin forecast. This drop in share prices raises certain concerns regarding the company’s ability to take advantage of the demand for its larger screen iPhones that typically bring in more money. While the average analyst’s estimate of around 38.8 percent profit […]