https://www.cnbc.com/2018/08/01/sonos-ipo-smart-speaker-company-prices-shares.html

Sonos, the maker of smart speakers for the home, cut the price of its initial public offering on Wednesday.

The company priced its IPO at $15 a share, below the expected range of $17 to $19. At the offer price, Sonos is valued at just under $1.5 billion. In April, MarketWatch said Sonos could be worth as much as $3 billion as a public company.