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Sonos will attempt to avoid the same fate suffered by fellow hardware companies FitBit and GoPro, whose share prices have dropped 80% since they went public

2 monthes ago   |   By Business Insider

Sonos' IPO last week showed a promising forecast for the home audio system company, with shares eventually level ling out to about $19.
The company is now valued at $1.5 billion , but investors are concerned about Sonos' long-term endurance as it gravitates toward producing products with longer shelf lives, which result in longer replacement cycles.
As this chart from Statista shows, the track record of other consumer hardware companies like Fitbit and GoPro is a trajectory that Sonos should avoid. Both companies saw encouraging IPO results before declining sales eventually caused share...
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NASA is about to launch a $1.5 billion probe to 'touch the sun' and study our star's mysterious, blazing-hot atmosphere

NASA is about to launch a $1.5 billion probe to 'touch the sun' and study our star's mysterious, blazing-hot atmosphere

2 monthes ago   |   By Business Insider

NASA/JHU/APL
NASA plans to launch a robot on Saturday that will fly closer to the sun than any mission in history.
The Parker Solar Probe will use a high-tech heat shield to avoid being destroyed.
The probe is designed in part to study the sun's ultra-hot outer atmosphere, called the corona , among other mysteries.
The mission may help scientists predict space weather events that can wreak havoc on Earth.
NASA is about to launch a $1.5 billion space mission to "touch" the sun and study its atmosphere , solar wind , and other mysteries.
The Parker Solar Probe is scheduled to launch on...
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