Down 87%, Is Sleep Number Stock a Great Buy-and-Hold Stock?

By Travis Hoium and Jon Quast – Jun 10, 2023 at 7:30AM

NASDAQ: SNBR

Sleep Number

Market Cap

$303M

Today's Change

(2.48%) $0.33

Current Price

$13.61

Price as of April 19, 2024, 4:00 p.m. ET

The boom and bust mattress business may be cheap right now.

Sleep Number (SNBR 2.48%) tends to go through cycles as a stock, and right now shares are down. But that's why Jon Quast sees an opportunity, which he discusses with Travis Hoium in this video.

*Stock prices used were end-of-day prices of May 31, 2023. The video was published on June 6, 2023.

Jon Quast has no position in any of the stocks mentioned. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool recommends Sleep Number. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.