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Sonos shares slide after Morgan Stanley’s double downgrade on botched app redesign (SONO)

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Lukasz Kochanek/iStock Editorial via Getty Images

Shares of Sonos (NASDAQ:SONO) fell as much as 8% on Thursday after the company got a double-notch downgrade from analysts at Morgan Stanley. They believe the top- and bottom-line impact of the company’s app redesign is likely greater than the market currently



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