Sonim Technologies Inc. (SONM) stock plunged during pre-market trading. Here’s what’s happening?

Sonim Technologies Inc. (NASDAQ: SONM) stock plunged by 2.96% at last close while the SONM stock price declines by 5.26% in the pre-market trading session. Sonim Technologies is a prominent supplier of ultra-rugged mobility solutions in the United States, with a focus on task workers who are physically involved in their work surroundings and often do mission-critical tasks.

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SONM stock’ Significant Development

The XP3plus flip phone, which is now available at T-Mobile, was launched by Sonim Technologies. The new Sonim XP3plus builds on the success of its ultra-rugged predecessor, the XP3, to provide expanded capabilities for individuals who work in tough situations and want simple, quick, and reliable voice conversations. The XP3plus has a larger display, more programmable buttons, and a new simple user interface with adaptive soft keys to boost productivity. A larger battery, the most powerful in its class, provides performance that lasts for more shifts.

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Furthermore,

Sonim’s Rugged Performance Standards are met by this small flip phone (RPS). Sonim Rugged Performance Standards are a set of 12 endurance and durability benchmarks that assure Sonim customers at job and play. They are built on more than 10 years of input from customers using Sonim products in the world’s most difficult conditions. The XP3plus is both waterproof and drop-proof. It can endure 1.5 metre drops onto concrete and 30 minutes submersion in 1.5 metre of water. Sonim gadgets have excellent audio quality, and the XP3plus is no exception.

John Graff, Sonim chief marketing officer stated,

For the past two years, the XP3 rugged flip phone has matched the requirements of a huge base of frontline and field employees that require reliable, robust, and simple communications, and it has become Sonim’s most popular product. Now, with the launch of the XP3plus, available at T-Mobile, we’re building on the amazing consumer feedback to enhance performance, usability, and simplicity even more.

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