Shares of Sleep Number Corporation (NASDAQ:SNBR) traded today at $151.00, eclipsing its 52-week high. This new high was reached on below average trading volume as 214,000 shares traded hands, while the average 30-day volume is approximately 516,000 shares.
Sleep Number Corporation (NASDAQ:SNBR) is currently priced 5.3% above its average consensus analyst price target of $136.92.
In the past 52 weeks, shares of Sleep Number Corporation have traded between a low of $15.27 and a high of $151.00 and is now at $144.56, which is 847% above that low price.
Sleep Number Corp. offers individualized mattresses and sleep solutions. Consumers can customize Sleep Number bedding to suit their comforts. The company utilizes algorithms and biometric data for customizations. Revenue is generated through marketing and selling bedding through two distribution channels: company-controlled, including direct-to-consumer retail and online sales; and wholesale, which sells through selected wholesale and retail customers. Almost all revenue comes from company-controlled retail sales. Sleep Number Corp. sells its products throughout the United States.
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