Like many popular consumer-oriented stocks before it, Casper Sleep (CSPR) might have done better to stay private. Shares have been in perpetual decline since going public in early February at $12 per share. Some may consider Casper's timing fortune - the company was able to raise much-needed capital at an opportune price before the entire market turned south, especially on small-cap stocks; but on the other hand, the consistent erosion of value has hurt insider morale as well as public perception of Casper.
Casper's fortunes took a turn for the worse after the