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Tag: casper

Jim Cramer worries about Casper’s big losses in post-WeWork IPO world

CNBC’s Jim Cramer expressed concerns about the fundamentals of Casper Sleep‘s business ahead of the online mattress start-up’s Thursday debut as a publicly traded stock. The company’s shares opened at $14.50, a more than 20% increase from the offering price, before closing at $13.50. “The losses here are staggering” for the business, Cramer said on …

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Casper CEO deflects on IPO’s massive valuation haircut

Casper’s CEO doesn’t seem too concerned about the online mattress maker seeing its valuation take a major haircut during its public market debut. “Valuations are just moments in time,” CEO Philip Krim told CNBC’s “Squawk Alley.” “This is obviously a huge milestone for us. … It doesn’t distract us from building the business we want …

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Casper reportedly prices IPO at $12 a share

Samurai Messenger Service prepares to deliver a packaged mattress from the bed delivery company Casper in New York. Yana Paskova | The Washington Post | Getty Images Casper on Wednesday evening priced its initial public offering at $12 per share. At this price, the company would have a market value of $476 million, excluding the …

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Target could be loser in Casper IPO, and not the only one

Target was reportedly interested in acquiring Casper before ultimately taking an $80 million stake in the start-up as a venture investor at a time when it was valued at $1.1 billion. That equity stake is set to see its value decline in an IPO. Laura Buckman | Bloomberg via Getty Images Target is known for …

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Casper files to go public with eye on expansion

Get great content like this right in your inbox. Subscribe The online startup that pioneered the mattress-in-a-box concept and helped reenergize the entire mattress category has filed for an initial public offering. In a not-unexpected move, Casper Sleep Inc. on Friday filed to go public on the New York Stock Exchange under the ticker symbol “CSPR.” …

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Online mattress seller Casper Sleep files to go public

Samurai Messenger Service prepares to deliver a packaged mattress from the bed delivery company Casper in New York. Yana Paskova | The Washington Post | Getty Images Privately held mattress maker Casper Sleep on Friday filed the regulatory paperwork to take the company public on the New York Stock Exchange under the ticker symbol “CSPR.” …

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Fast-growing Casper adds to leadership team

Casper has made two important hires amid its ongoing expansion across channels, including brick and mortar.  The digitally native mattress retailer has appointed Emilie Arel as president and chief commercial officer. Previously, Arel was the CEO of FullBeauty Brands, and also CEO of Quidsi, an Amazon company.  Prior to Quidsi, Arel held multiple leadership positions …

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