price down icon7.43%   -0.99

Why is Sleep Number Corp (SNBR) Stock down?

We've noticed a 6.92% decline in Sleep Number Corp (SNBR) stock during the 2024-06-14 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
06 Oct, 2023:

Shares of Sleep Number Corporation (SNBR) dropped by 9.57% from $21.10 to $19.08 in the trading on Friday October 6, 2023. The reason why SNBR stock down is due to a decline on price target. UBS reduced the price target for SNBR stock from $32 to $22, while remaining the rating of Neutral. This change in the price target had a substantial impact on investor sentiment and played a significant role in driving the stock's downturn.

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