Sonos shares climb after successful IPO

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By Marissa Nall / Friday, August 10th, 2018 / Comments Off on Sonos shares climb after successful IPO

Sonos CEO Patrick Spence and co-founder John MacFarlane, center, work alongside other Sonos employees in Santa Barbara. Santa Barbara speaker maker Sonos successfully launched its IPO on Aug. 2 and, after an initial jump in price, the shares were solidly above the offering price one week later. The company raised a total of $95.8 million…

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