Diamonds and Dogs
Sonos (SONO) sounding better. The smart speaker company is up 17% to a four-month high on a bullish research report from Citron. The analyst who is long the stock believes Sonos is a big winner from the stay-at-home trends and could be a possible buy out target for Apple. Apple, meanwhile, is trading at new all-time high today.
The airlines need more money. American Airlines (AAL) is down 5% as they announced plans to raise $3.5 billion in capital through stock and bond sales. Shares of United Airlines (UAL) are down a percent as the company is preparing a $5 billion debt sale.
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