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Tag: haircut

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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