Wednesday, February 5, 2020

Casper Cuts Expected IPO Price

The Wall Street Journal
Mattress seller Casper Sleep Inc., the first well-known startup this year to file for an initial public offering, slashed the expected pricing of its IPO, putting demand for shares of highly-valued startups that still don’t turn a profit into deeper question.

Casper on Wednesday cut its expected IPO price to a range of $12 to $13 a share, down from a prior estimate of $17 to $19 each.. . . more