Speaker maker Sonos went public Thursday, putting up almost 14 million shares for sale. [Rob Marvin, associate features editor at PC Mag, breaks down what sort of competition and challenges the company will face moving forward.](https://www.pcmag.com/news/362363/why-sonos-chose-this-moment-for-its-ipo)

Share:
More In Business
Tesla’s profit fell in third quarter even as sales rose
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
Load More