Casper Faces Economic Struggle from COVID-19 Outbreak

Investors continue to fear the COVID-19 outbreak, as Casper is predicted to report quarterly losses of  $30 million. As a result, the company may need to secure additional lines of credit or alternative funding according to Equity Research Analyst, Seth Basham. He further comments in Mediapost explaining how the company’s future is uncertain due to falling demand.

For more comments from Seth Basham, view the full article.