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Casper slips below IPO price a day after trading debut

• kgwgk 7y ago
  “The share price drop gives the company a market capitalisation of $460m and comes after Casper had reduced its value in the lead-up to the IPO. In January, the company initially priced its shares within a range of $17 to $19, giving the company a valuation of up to $714m. This marked a drop from the $1.1bn the company had reached in its final round of private fundraising last year, elevating it to the group of so-called “unicorns”.”