Mattress company Sleep Number sells assets for $700 million in bankruptcy
Mattress retailer Sleep Number received a bankruptcy court's approval on Monday to sell its assets to retailer Sleep Country of Canada for $701 million in total value.
SNBR - Sleep Number Corp
Price:
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--
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$2.00
DETAILS
HIGH:
$2.00
LOW:
$2.00
MEDIAN:
$2.00
CONSENSUS:
$2.00
UPSIDE:
1500.00%
Stock News
Sleep Number Receives Court Approval for Sale to Sleep Country Canada
MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announced that it received Court approval for the sale of substantially all of the Company's assets and ongoing business operations to SNBR Inc., a wholly owned subsidiary of Sleep Country Canada Inc., after making significant improvements to its prior proposal. The sale, which remains subject to customary closing conditions, is expected to close by July 31. Sleep Number's day-to-day operations are continuing as normal,.
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.
Stock Market Today: S&P 500, Dow, Nasdaq 100 Futures Jump After Sharp Sell-Off On Fed Rates Pause— Freecast, Smith & Wesson In Focus (UPDATED)
U.S. stock futures rose on Thursday, as the Dow Jones, Nasdaq 100, and S&P 500 indices advanced, following Tuesday's sharp sell-off.
Mattress company Sleep Number plans $415 million bankruptcy sale
Mattress company Sleep Number filed for bankruptcy in New York on Friday and said it plans to sell its assets under a $415 million buyout offer from Canadian bedding company Sleep Country Canada Inc.
Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims on behalf of the shareholders of Sleep Number Corporation (NASDAQ: SNBR)
NEW YORK, June 12, 2026 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP announces an investigation of potential securities claims on behalf of shareholders of Sleep Number Corporation ("Sleep Number" or the "Company") (NASDAQ: SNBR). The investigation concerns whether Sleep Number and certain officers and/or directors have engaged in securities fraud or other unlawful business practices.
Sleep Number Enters Asset Purchase Agreement to Combine with Sleep Country Canada, Creating an Industry Leader in North America
MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announced that it has entered into an agreement to combine with Sleep Country Canada to create a leading North American mattress and bedding company. The transaction will enable the combined company to provide consumers across the United States and Canada a broader assortment of innovative sleep products and services in stores and online. To facilitate the combination, Sleep Number initiated a voluntary Chapter 11 sale.
SNBR Investors Have Opportunity to Join Sleep Number Corporation Fraud Investigation with the Schall Law Firm
LOS ANGELES, June 11, 2026 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sleep Number Corporation ("Sleep Number" or "the Company") (NASDAQ: SNBR) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sleep Number Corporation - SNBR
NEW YORK, June 11, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sleep Number Corporation ("Sleep Number" or the "Company") (NASDAQ: SNBR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sleep Number Corporation - SNBR
NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Sleep Number Corporation (“Sleep Number” or the “Company”) (NASDAQ: SNBR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
SNBR Investors Have Opportunity to Join Sleep Number Corporation Fraud Investigation with the Schall Law Firm
SNBR Investors Have Opportunity to Join Sleep Number Corporation Fraud Investigation with the Schall Law Firm PR Newswire
SNBR Investors Have Opportunity to Join Sleep Number Corporation Fraud Investigation with the Schall Law Firm
LOS ANGELES, June 8, 2026 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sleep Number Corporation ("Sleep Number" or "the Company") (NASDAQ: SNBR) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims on behalf of the shareholders of Sleep Number Corporation (NASDAQ: SNBR)
NEW YORK, June 8, 2026 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP announces an investigation of potential securities claims on behalf of shareholders of Sleep Number Corporation ("Sleep Number" or the "Company") (NASDAQ: SNBR). The investigation concerns whether Sleep Number and certain officers and/or directors have engaged in securities fraud or other unlawful business practices.
Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims on behalf of the shareholders of Sleep Number Corporation (NASDAQ: SNBR)
NEW YORK, June 4, 2026 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP announces an investigation of potential securities claims on behalf of shareholders of Sleep Number Corporation ("Sleep Number" or the "Company") (NASDAQ: SNBR). The investigation concerns whether Sleep Number and certain officers and/or directors have engaged in securities fraud or other unlawful business practices.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sleep Number Corporation - SNBR
NEW YORK, June 4, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sleep Number Corporation ("Sleep Number" or the "Company") (NASDAQ: SNBR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sleep Number Corporation - SNBR
NEW YORK, June 02, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Sleep Number Corporation (“Sleep Number” or the “Company”) (NASDAQ: SNBR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims on behalf of the shareholders of Sleep Number Corporation (NASDAQ: SNBR)
NEW YORK, June 01, 2026 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces an investigation of potential securities claims on behalf of shareholders of Sleep Number Corporation ("Sleep Number" or the "Company") (NASDAQ: SNBR).
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sleep Number Corporation - SNBR
NEW YORK, May 28, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sleep Number Corporation ("Sleep Number" or the "Company") (NASDAQ: SNBR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sleep Number Corporation - SNBR
NEW YORK, May 26, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Sleep Number Corporation (“Sleep Number” or the “Company”) (NASDAQ: SNBR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
SNBR Investors Have Opportunity to Join Sleep Number Corporation Fraud Investigation with the Schall Law Firm
LOS ANGELES, May 25, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sleep Number Corporation ("Sleep Number" or "the Company") (NASDAQ: SNBR) for violations of the securities laws.
Price Targets
Sleep Number price target lowered to $2 from $4 at UBS
$2.00
(was $1.90)
Dan Silverstein
·
UBS
Sleep Number (SNBR) PT Lowered to $4 at UBS as Sales Remain Pressured
$4.00
(was $3.53)
Dan Silverstein
·
UBS
Sleep Number price target raised to $10 from $6 at UBS
$10.00
(was $10.23)
UBS
Sleep Number price target lowered to $7 from $12 at UBS
$7.00
(was $7.01)
UBS
Sleep Number price target lowered to $12 from $18 at Wedbush
$12.00
(was $7.49)
Wedbush
Sleep Number price target lowered to $11 from $12 at Piper Sandler
$11.00
(was $7.49)
Piper Sandler
Sleep Number (SNBR) PT Lowered to $12 at Piper Sandler
$12.00
(was $13.23)
Peter Keith
·
Piper Sandler
Sleep Number (SNBR) PT Raised to $13 at Piper Sandler
$13.00
(was $13.98)
Peter Keith
·
Piper Sandler
Sleep Number price target lowered to $40 from $49 at Piper Sandler
$40.00
(was $35.19)
Peter Keith
·
Piper Sandler
Piper Sandler Downgrades Sleep Number to Neutral, Lowers Price Target to $49
$49.00
(was $51.47)
Piper Sandler