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Sleep Number (SNBR) Stock Crashes After Hours: Why Is It Moving?

Benzinga·
Sleep Number (SNBR) Stock Crashes After Hours: Why Is It Moving?

Sleep Number Corp. shares plunged 31% in after-hours trading after Nasdaq announced plans to delist the company following its Chapter 11 bankruptcy filing on June 12. Trading will be suspended on June 23, 2026. The stock has declined 94.57% over the past 12 months, and common shareholders face uncertainty about recovery during bankruptcy proceedings.

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