Why Casper Sleep Stock Rallied 12.5% at the Open Today
Shares of Casper Sleep (NYSE: CSPR), a maker of sleep products such as beds, pillows, and sheets that it describes as "obsessively engineered," rose 12.5% at the open on Thursday. Casper Sleep held its initial public offering in February 2020, so it hasn't even been public for two full years just yet.