Shares of home-audio company Sonos (NASDAQ: SONO) were falling on Thursday, after a report surfaced claiming the company is preparing to issue new shares. As of 10:50 a.m. EDT, the stock was down 9%.
Sonos stock had been slowly recovering from its steep losses earlier in the year. However, including today's drop, it's sharply underperforming the market average.
Source Fool.com