I took a huge bet on Sleepnumber (SNBR) even before it filed for bankruptcy and it's now (SNBRQ) trading at $.03 on OTC! Why? Why? Bwaaaa : (
With its brand recognition, assets, sleep data/IP, customer base, and manufacturing why aren't there any new bidders at all for this once-reputed company? Did the greedy corporate senior management bring down another USA company, along with debt, darn tariffs? Do you think someone like Tempur Sealy/Serta or a wellness/tech company could step in last minute ?