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Casper Stock Might Not Let You Get a Whole Lot of Sleep

- Lot of initial buzz about Casper IPO but sales growth, though strong, decelerating

- After $423 million in marketing spend, net losses continue and no end in sight

- Need for continued high investment in marketing and SGA; long product cycle

The initial public offering market has had a rough time of it since the WeWork IPO debacle last year. The stink from that spectacularly failed IPO has stuck to the new issues market in general, but particularly where an IPO tries to market itself as a tech ...

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