How to Buy Sonder Holdings Stock
Sonder Holdings Inc
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 professionals in North America, Europe, and the Middle East.
Sonder Holdings stock last closed at $2.20, down 3.51% from the previous day, and has decreased 45% in one year. It has underperformed other stocks in the Lodging industry by 0.47 percentage points. Sonder Holdings stock is currently +150% from its 52-week low of $0.88, and -79.05% from its 52-week high of $10.50.
At the moment, there are 11.59M SOND shares outstanding. The market capitalization of SOND is $25.49M. In the last 24 hours, 8405 SOND shares were traded.
How to Buy Sonder Holdings Stock
Wondering how to invest in Sonder Holdings stock? Here's how.
- Figure out where to buy Sonder Holdings stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Sonder Holdings stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your method of payment and add your details.
- Research Sonder Holdings stock: The Sonder Holdings ticker symbol is SOND. Is Sonder Holdings stock a good investment? Should you buy shares of SOND? How do SOND's underlying business fundamentals look? Do top analysts think Sonder Holdings is a good buy? Why has SOND's stock price moved recently? (Hint: Our stock research website can help you decide if SOND is a good stock to buy).
- Place your SOND trade: Decide if you will purchase SOND shares at the current market price or use a limit order to purchase SOND shares at a specific price.
- Keep tabs on your SOND investment: Create a watchlist to get live updates on your investment in Sonder Holdings stock.
Step 1: Figure out where to buy Sonder Holdings stock
You need a brokerage account in order to access the NASDAQ market and buy SOND shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you can invest in SOND stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new trading account.
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Step 3: Deposit money your brokerage account
Now that you've finished signing up on the best beginner stock app, you can securely and quickly fund your account:
Watch the tutorial below to see the process of depositing money into your new brokerage account.
Step 4: Research Sonder Holdings stock
After you have identified the best place to buy Sonder Holdings stock, it's important to evaluate their stock before you buy, so you actually understand the risk and upside.
Overview of key SOND info
Sonder Holdings Due Diligence Checks
WallStreetZen was created to help everyday investors do better fundamental analysis quickly.
You can see all of the due diligence checks on SOND's stock page.
Is SOND stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge SOND's true value.
You can do more valuation research on SOND's stock here.
A look at SOND Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- SOND has $75.90M in cash and short term investments. This is enough to cover its annual cash burn of $129.67M.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the SOND balance sheet.
- There are more short-term liabilities than short-term assets on the SOND balance sheet.
- SOND profit margin has gone up by 0.08 percentage points in the past year, but the company is still unprofitable.
- Total SOND debt is still negative.
- SOND debt to equity ratio of -2.94 is negative.
- SOND has cash burn of 129669000. It does not have sufficient cash and short-term investments to cover this.
You can dive deeper into what analysts are saying on the Sonder Holdings stock forecast page.
SOND Technicals
How is SOND performing as a company?
Last year, SOND revenue was $623.22M. In the past three year, SOND's revenue has grown by 136.91% per year. This was faster than the Lodging industry average of 4.82%.
Dive into SOND's earnings and revenue performance here.
Who is buying/selling SOND?
In the past year, insiders at SOND have not bought or sold any shares.
Research more about who owns SOND stock here.
Does SOND provide a stable income stream?
No, Sonder Holdings doesn't provide an income stream by paying out dividends.
SOND Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your SOND trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Hit the Open button and eToro will execute your order.
If you want additional info about buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your SOND investment
Now that you own some shares in SOND, you'll want to keep up with your shares.
Start a watchlist to track the most important metrics related to your SOND stock.
SOND Feed
How to Buy Stock in Sonder Holdings
To summarize, here are the 6 steps for buying Sonder Holdings stock:
- Figure out where to buy Sonder Holdings stock
- Open your brokerage account
- Deposit money your brokerage account
- Research Sonder Holdings stock
- Place your SOND trade
- Keep tabs on your SOND investment
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your investment in Sonder Holdings, create a watchlist on WallStreetZen today.
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