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Casper Sleep: The Stuff Nightmares Are Made Of


Wall Street might be rethinking its bullish outlook for Casper Sleep (NYSE: CSPR), the promising but problematic mattress maker that's burning through cash in an ambitious bid to grow bigger.

It recently got its main lender to agree to let its cash balances dip far below previously agreed-upon levels, while earlier this week it also filed a shelf registration for a mix of stock and debt to raise $150 million.

Image source: Getty Images.

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Source Fool.com

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