Voxx International Corporation is a diverse consumer electronics company that specializes in the design, engineering, and distribution of a wide range of audio and electronic products
The company operates across multiple segments, including automotive, premium audio, and consumer accessories, offering innovative solutions such as vehicle audio systems, home theater products, and wireless audio devices. Through its commitment to quality and technological advancement, Voxx serves various markets worldwide, catering to both individual consumers and businesses. The company places a strong emphasis on enhancing the audiovisual experience, making it a notable player in the electronics industry.
The auto industry is going through a downturn, so VOXX International has been losing money and sitting on high inventory levels. But the stock has fallen 90% from its 2021 high, which may be on the excessive side, resulting in an opportunity.
