Lights Out For Sleep Number, Shares Crash On Potential Bankruptcy Filing

Lights Out For Sleep Number, Shares Crash On Potential Bankruptcy Filing Sleep Number Corporation shares crashed after multiple outlets, including The Wall Street Journal and Bloomberg, reported that the mattress and bedding retailer is preparing to file for Chapter 11 bankruptcy. WSJ said that Sleep Number is "expected to use the Chapter 11 process to restructure its balance sheet while continuing operations. The reorganization could also include a potential sale of the business."...