CSPR - 3 Reasons to Buy Casper Stock and 1 Reason to Sell
Casper Sleep (NYSE: CSPR) has enjoyed consistent, double-digit annual revenue growth since the mattress company began in 2014. Management has done a great job of building a brand that is resonating with people looking to improve their sleep. In February of 2021, the company went public through a special purpose acquisition company (SPAC) merger.
Unfortunately for investors, growing demand for Casper products has not translated to market-beating stock performance. But the recent dip in the share price could be a good buying opportunity.
Here are three reasons why the stock could take off, and one reason why it could continue to underperform.
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3 Reasons to Buy Casper Stock, and 1 Reason to Sell