Sonos, Logitech Stock Drop Over 6% as Apple Yanks Off Firms’ Smart Speakers from Its Stores
Following the news from Apple, the shares of Sonos dropped by 7% and Logitech shares lost 6.12% on Tuesday.
Apple Halts Sales of Third-Party Sound Entertainment Products
Apple is striving to widen production and enrich the choice for its customers amid the pandemic. Meanwhile, last month the company stopped selling third-party sound products.
Microsoft Stock Rated High by Diamond Hill Capital, Today MSFT Down Nearly 1%
Year-to-date Microsoft (MSFT) stock gained around 16.5%. MSFT is trading now at around $184.88 (-1.24%). The market cap is $1.40 trillion.