06 February 2020 20:52
Shares of Casper Sleep Inc. rose on their first day of trading, opening more than $2 above the company's public offering price. Casper shares recently rose 28% to $15.40 a share shortly after the stock started publicly trading Thursday. On Wednesday, the company priced its public offering at $12 a share. It was well below its initial range of $17-to-$19 a share, and at the low end of the $12-to-$13 a share range it set Wednesday morning.