Sonos, the smart speaker company, had its initial public offering on Nasdaq Thursday. The company closed the day up around 32%, to $19.91 a share, after opening at $15 a share.
But while Roku (ROKU) - Get Report has been able to carve a profitable niche in the streaming media space, Sonos reminds Cramer more of Fitbit (FIT) - Get Report , which has been a disaster of a stock.
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