Skip to Content

E-commerce mattress maker Casper sold for about $308 million


NEW YORK (AP) — The e-commerce mattress maker Casper is being acquired and taken private for about $308 million. Shares of Casper Sleep Inc. spiked 88.5% to close Monday at $6.69. Durational Capital Management will pay $6.90 per share for Casper’s stock. The New York City company went public in February 2020 and it’s had a rough debut. After being valued as a private company at more than $1 billion, it began selling shares early last year for $14.50, which put its value as a public company at around $575 million. That was close to its peak. At the close of trading Friday, a share of Casper could be had for $3.55. 

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press


KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content