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Sonos stock got off to a slow start Thursday.
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It rose as high as $23.60 in the first half hour of trading Friday before settling to more modest gains.
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The company makes high-end, web-connected speakers for audiophiles and music fans.
Smart speaker maker Sonos SONO popped as much as 15 percent, then settled to modest gains Friday, a day after its stock market debut .
The stock got off to a slow start Thursday, opening just 7 percent higher than its lower-than-expected initial price . But shares gained more than 30 percent by the end of trading day and rose as high as $23.60 in the first half hour of trading Friday.
By late morning, it was up 5.7 percent.
The company makes high-end, web-connected speakers for audiophiles and music fans. It's expanding into the smart speaker space through partnerships with Amazon AMZN and Google GOOGL .
The company's IPO follows a number of high-profile offerings in the first half of 2018. Cloud storage provider Dropbox DBX and software company DocuSign DOCU spiked on their opening trades.
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