Sonder (NASDAQ:SOND) Posts Quarterly Earnings Results

Sonder (NASDAQ:SOND) issued its earnings results on Wednesday. The company reported ($17.82) earnings per share for the quarter, Zacks reports.

Sonder Stock Performance

Shares of NASDAQ:SOND traded up $0.14 during trading on Friday, reaching $2.89. 33,170 shares of the stock were exchanged, compared to its average volume of 33,497. The firm’s 50-day moving average price is $3.28 and its 200 day moving average price is $3.87. The firm has a market cap of $31.91 million, a price-to-earnings ratio of -0.17 and a beta of 1.75. Sonder has a 12-month low of $0.88 and a 12-month high of $10.50.

Sonder Company Profile

Sonder Holdings Inc engages in the hospitality business. It operates and manages properties comprising 1-, 2-, and 3+ bedroom; and studio apartments, as well as 1-bedroom hotel rooms for leisure travelers and families, digital nomads, and business travelers in North America, Europe, and the Middle East.