Sleep Number Corp (NASDAQ: SNBR) stock suffered a major decline of -10.9% on 5/22/24. The shares closed at $13.66. However, trading volume in this decline was below average at 77% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -13.8% during the last week.
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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