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Casper Stock Trading At 0.4X Price/Sales
Just a year ago, Casper was flying high at a private market valuation of $1.1B, hitting unicorn status. Today, after a broken IPO and the economic criss, Casper trades at a market capitalization of just $180M. Can this mattress startup complete its transformation into an encompassing sleep/wellness brand? If CEO Philip Krim is successful, I think the equity price has a lot of upside.