|Bid||0.0000 x 1100|
|Ask||0.0000 x 800|
|Day's Range||4.4200 - 4.5700|
|52 Week Range||4.0100 - 12.0000|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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For a stock that has failed to benefit from the record stock market rally over the past 18 months, Wall Street has placed a lot of faith in Casper Sleep (NYSE: CSPR) to power ahead in the year to come. From the market's bottom on March 23 of last year to today, the S&P 500 doubled in value, an extraordinary run that was not matched by the mattress maker, which gained just over 20% in that same time frame. Considering the headwinds Casper is facing, it's hard to see why Wall Street analysts have such faith in its ability to bounce back so strongly.
Mattress maker Casper Sleep (NYSE: CSPR) may look like a nightmare to investors who bought shares during last year's initial public offering. Like rivals, Casper had to deal with sluggish demand for mattresses during the pandemic. The global market slipped 0.1% in 2020, according to Fortune Business Insights.
It's been a rough year for Casper Sleep (NYSE: CSPR) investors. Casper Sleep stumbled from the start of its publicly traded tenure. The irony here is that Casper Sleep's IPO came just weeks before the pandemic essentially forced us back into our homes.