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Sleep Number Corporation Stock Will Be Delisted From Nasdaq After Chapter 11 Bankruptcy; Shares Plummet
The company said trading will be suspended June 23 as Nasdaq cites bankruptcy-related listing concerns and warns common shareholders may face little recovery.
Summary by Fast Company
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4 Articles
Sleep Number Corporation stock will be delisted from Nasdaq after Chapter 11 bankruptcy; shares plummet
Shares of Sleep Number Corporation will no longer be publicly traded after next week. In a filing with the Securities and Exchange Committee (SEC), the embattled mattress and bedding company confirmed that its stock (Nasdaq: SNBR) will be delisted from the Nasdaq after it had received written notice from the exchange’s listings qualifications staff. The company’s stock will be delisted when the market opens on Tuesday, June 23. The news follo…
·New York, United States
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Coverage Details
Total News Sources4
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
Factuality
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