Alert: Major Price Advance (5/9/24)-Sleep Number Corp (NASDAQ: SNBR).

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Sleep Number Corp (NASDAQ: SNBR) stock closed at $15.38 on 5/9/24 after a major increase of 13.0%. This advance was accompanied by normal trading volume. The stock has risen 13.8% during the last week but has been extremely weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

SNBR’s future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to be a major Value Eraser.

Sleep Number is currently unrated.

Rating Review

The stock is currently unrated.

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