Shares of Casper Sleep Inc. closed about 13% higher on their first day of trading Thursday, a day after the mattress-seller priced its IPO at the lower end of its expected price range. Shares closed at $13.50 a share, higher than the company’s public offering price of $12 a share. The stock opened above its IPO price Thursday at $14.50 a share and reached an intraday high of $15.85 a share.

Source: Wall Street Journal February 06, 2020 16:33 UTC