Sonder
SOND

$6.26

4.33%

Market Cap: $69.1M

About: Sonder Holdings Inc is engaged in providing short and long-term accommodations to travelers in various cities across North America, Europe, and the Middle East. The Sonder units in each apartment-style building and each hotel property are selected, designed, and managed directly by the Company. The Company generates revenues by providing short-term or month-to-month accommodations to its guests.

Employees: 1,695

Consumer Discretionary Hotels, Rooming Houses, Camps & Other Lodging Places

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

60% more capital invested

Capital invested by funds: $10.9M [Q1] → $17.4M (+$6.5M) [Q2]

55% more call options, than puts

Call options by funds: $867K | Put options by funds: $559K

0.78% more ownership

Funds ownership: 33.22% [Q1] → 34.0% (+0.78%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]

2% less funds holding

Funds holding: 42 [Q1] → 41 (-1) [Q2]

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

40% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 10

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Research analyst outlook

We haven’t received any recent analyst ratings for SOND.

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Financial journalist opinion

Based on 5 articles about SOND published over the past 30 days

Sonder Holdings Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

SAN FRANCISCO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND, “Sonder” or the “Company”) today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on August 15, 2024 (the "Notice"). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the “Q2 2024 Form 10-Q”), as described more fully in the Company's Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the "SEC") on August 9, 2024. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.

Sonder Holdings Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

Nasdaq Surges 150 Points; Sonder Holdings Shares Surge

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 150 points on Monday.

Nasdaq Surges 150 Points; Sonder Holdings Shares Surge

Marriott International Announces Long-Term Licensing Agreement with Sonder, Expected to Add Over 10,500 Rooms to Marriott's Open and Pipeline Portfolio

BETHESDA, Md. , Aug. 19, 2024 /PRNewswire/ -- Today, Marriott International, Inc. (NASDAQ: MAR) announced a long-term licensing agreement with Sonder Holdings Inc. (NASDAQ: SOND, "Sonder"), which is expected to add over 9,000 rooms to Marriott's portfolio by year-end and approximately 1,500 rooms to its pipeline.

Marriott International Announces Long-Term Licensing Agreement with Sonder, Expected to Add Over 10,500 Rooms to Marriott's Open and Pipeline Portfolio

Sonder Holdings Inc. Announces Strategic Licensing Agreement with Marriott International

Strategic agreement expected to deliver significant revenue opportunities and cost efficiencies Sonder also secures approximately $146 million in additional liquidity, including approximately $43 million convertible preferred equity investment to strengthen balance sheet SAN FRANCISCO, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND or “Sonder”), a leading global brand of premium, design-forward apartment-style accommodations serving the modern traveler, today announced that it has entered into a long-term strategic licensing agreement with Marriott International, Inc. (NASDAQ: MAR or “Marriott”). Through this strategic agreement, over 9,000 live Sonder units are expected to join the Marriott portfolio by the end of 2024, with approximately 1,500 additional contracted units anticipated to join the Marriott system at later dates.

Sonder Holdings Inc. Announces Strategic Licensing Agreement with Marriott International

SONDER ALERT: Bragar Eagel & Squire, P.C. is Investigating Sonder Holdings Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

NEW YORK, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Sonder Holdings Inc. (NASDAQ: SOND) on behalf of long-term stockholders following a class action complaint that was filed against Sonder on April 11, 2024 with a Class Period from March 16, 2023 to March 15, 2024. Our investigation concerns whether the board of directors of Sonder have breached their fiduciary duties to the company.

SONDER ALERT: Bragar Eagel & Squire, P.C. is Investigating Sonder Holdings Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Deadline Approaching: The Schall Law Firm Urges Investors Who Have Suffered Losses In Sonder Holdings Inc. To Reach Out

LOS ANGELES, CA / ACCESSWIRE / June 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Sonder Holdings Inc. ("Sonder" or "the Company") (NASDAQ:SOND) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 16, 2023 and March 15, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before June 10, 2024.

Deadline Approaching: The Schall Law Firm Urges Investors Who Have Suffered Losses In Sonder Holdings Inc. To Reach Out

Sonder Holdings Inc. Announces Amendment to Financing Agreement and Provides Update on Portfolio Optimization Program

SAN FRANCISCO, June 11, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND) (“Sonder” or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it has entered into an amendment to its existing note and warrant purchase agreement (the “Financing”) with a syndicate of investors, which provides for, among other things, additional commitments with an aggregate principal amount of $10 million, which will improve the Company's unrestricted liquidity. Update on Portfolio Optimization Program As announced in November 2023, Sonder implemented a portfolio optimization program to mitigate losses related to select underperforming properties and assess the Company's portfolio of rents relative to current operations and the existing market rents.

Sonder Holdings Inc. Announces Amendment to Financing Agreement and Provides Update on Portfolio Optimization Program

SOND DEADLINE TODAY: ROSEN, THE FIRST FILING FIRM, Encourages Sonder Holdings Inc. Investors to Secure Counsel Before Important June 10 Deadline in Securities Class Action First Filed by the Firm – SOND

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sonder Holdings Inc. (NASDAQ: SOND) between March 16, 2023 and March 15, 2024, both dates inclusive (the “Class Period”), of the important June 10, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Sonder securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees o.

SOND DEADLINE TODAY: ROSEN, THE FIRST FILING FIRM, Encourages Sonder Holdings Inc. Investors to Secure Counsel Before Important June 10 Deadline in Securities Class Action First Filed by the Firm – SOND

DEADLINE TODAY: The Schall Law Firm Encourages Investors in Sonder Holdings Inc. with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--DEADLINE TODAY: The Schall Law Firm Encourages Investors in Sonder Holdings Inc. with Losses to Contact the Firm.

DEADLINE TODAY: The Schall Law Firm Encourages Investors in Sonder Holdings Inc. with Losses to Contact the Firm

FINAL SOND DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Sonder Holdings Inc. Investors to Join the Class Action Lawsuit!

NEW YORK, NY / ACCESSWIRE / June 10, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Sonder Holdings Inc. ("Sonder" or "the Company") (NASDAQ:SOND) and certain of its officers. Class Definition: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Sonder securities between March 16, 2023 and March 15, 2024, inclusive (the "Class Period").

FINAL SOND DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Sonder Holdings Inc. Investors to Join the Class Action Lawsuit!

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