Sonder (NASDAQ:SOND) Posts Quarterly Earnings Results

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

Sonder Price Performance

Shares of NASDAQ:SOND traded down $0.14 during trading on Thursday, hitting $2.90. 32,030 shares of the company were exchanged, compared to its average volume of 31,255. The firm’s 50 day moving average price is $3.30 and its 200-day moving average price is $3.87. Sonder has a 12-month low of $0.88 and a 12-month high of $10.50. The stock has a market capitalization of $32.03 million, a P/E ratio of -0.17 and a beta of 1.75.

About Sonder

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.