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Sonos (SONO) has just introduced Amp Multi, a multi channel streaming amplifier aimed at custom integrators and larger homes, prompting investors to reassess how this higher end hardware focus fits into the existing business.
See our latest analysis for Sonos.
The Amp Multi launch lands at a softer moment for the shares, with a 30 day share price return showing an 18.47% decline and a year to date share price return showing a 15.72% decline. The 1 year total shareholder return is 5.89%, while longer term total shareholder returns over three and five years remain negative. This suggests that…