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Casper's Shrunken IPO Tests Appetite for Unprofitable Startups

Feb.05 -- Mattress retailer Casper Sleep Inc. cut the price range Wednesday for its initial public offering, shrinking its potential market value to well below the $1.1 billion valuation it hit in a private funding round less than a year ago. Bloomberg's Liana Baker speaks with Romaine Bostick and Scarlet Fu on "Bloomberg Markets: The Close."