Sleep Number’s stock falls 25% as company saw demand change ‘abruptly’

Sleep Number’s stock falls 25% as company saw demand change ‘abruptly’

Shares of Sleep Number Corp. tanked 25% in the after-hours session Tuesday after the mattress maker and retailer swung to a surprise quarterly loss, predicted a loss for the full year and said it reached an agreement with a shareholder that had been pushing for change. It was a “challenging” quarter for Sleep Number SNBR, …

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