Sonder Holdings Inc. (NASDAQ:SOND – Get Free Report) dropped 1% during mid-day trading on Tuesday . The company traded as low as $3.97 and last traded at $4.10. Approximately 30,323 shares traded hands during trading, a decline of 48% from the average daily volume of 57,830 shares. The stock had previously closed at $4.14.
Sonder Price Performance
The stock’s fifty day moving average is $3.80 and its 200-day moving average is $3.64. The stock has a market capitalization of $50.54 million, a PE ratio of -0.20 and a beta of 1.26.
Hedge Funds Weigh In On Sonder
An institutional investor recently bought a new position in Sonder stock. Certuity LLC acquired a new stake in shares of Sonder Holdings Inc. (NASDAQ:SOND – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,565 shares of the company’s stock, valued at approximately $36,000. Certuity LLC owned approximately 0.10% of Sonder as of its most recent SEC filing. Institutional investors and hedge funds own 45.94% of the company’s stock.
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.
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