Market Minute
Sonder Holdings Inc. (SOND) Plummets Over 60% as Company Announces Chapter 7 Liquidation
Sonder Holdings Inc. (NASDAQ: SOND), once a promising player in the flexible living and hospitality sector, saw its shares plummet by over 60% today, November 10, 2025, following the devastating announcement that the company will immediately wind down operations and initiate a Chapter 7 liquidation of its U.S. business.