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Will Competition Crush Mattress Stock Casper's Big Dreams?

Will Competition Crush Mattress Stock Casper's Big Dreams?

Mattress maker Casper Sleep (NYSE: CSPR) may look like a nightmare to investors who bought shares during last year's initial public offering. Like rivals, Casper had to deal with sluggish demand for mattresses during the pandemic. The global market slipped 0.1% in 2020, according to Fortune Business Insights.