# altcoin / # bitcoin / # blockchain / # exchange / # events / # ICO / # trends / # finance / # Russian news

Earnings Results: Sonos stock crunched as forecast slashed in wake of ‘significantly more challenging’ conditions

Sonos Inc. shares tumbled more than 18% in after-hours trading Wednesday after the maker of smart speakers and other audio equipment fell short of expectations for its latest quarter and cut its forecast amid a "significantly more challenging" macroeconomic environment.