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Sleep Number stock plunges 31% after Nasdaq announces delisting post-bankruptcy filing

Market News
18 Jun 2026
Tanya Rawat
View Source
Bearish
pluang ai news

Sleep Number Corp's shares dropped 31% in after-hours trading following Nasdaq's decision to delist the stock due to the company's Chapter 11 bankruptcy filing. The delisting notice cited concerns about public interest, equity value uncertainty, and listing compliance. Trading on Nasdaq will halt on June 23, 2026, with possible OTC trading afterward, though liquidity is uncertain. This move raises worries about minimal recovery for common shareholders during bankruptcy proceedings.

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Linkers Industries jumps 32% after agreeing to acquire 29% stake in Thailand's LPW Electronics.

Linkers Industries jumps 32% after agreeing to acquire 29% stake in Thailand's LPW Electronics.

Linkers Industries announced it will acquire an additional 29% stake in Thailand-based LPW Electronics for $2.35 million, increasing its ownership from 20% to 49%. The deal includes settling $6.16 million owed by LPW to an associate. LPW operates a w...

Company Fundamentals
Bullish
1 hour ago
GROWNSY launches Prime Day 2026 campaign focusing on baby feeding growth with discounts on key baby care products.

GROWNSY launches Prime Day 2026 campaign focusing on baby feeding growth with discounts on key baby care products.

GROWNSY announced its Prime Day 2026 campaign themed "Baby Grows. Feeding Grows." targeting parents of babies aged 3-6 months when feeding routines intensify. The campaign offers discounts on essential baby care products like a portable bottle warmer...

Others
Neutral
3 hours ago
Fortude enhances Fortest with AI, boosting ERP testing speed and accuracy dramatically.

Fortude enhances Fortest with AI, boosting ERP testing speed and accuracy dramatically.

Fortude has upgraded its Fortest platform with AI-driven features to support major ERP systems like Infor CloudSuite and Microsoft Dynamics 365. The AI enhancements enable automatic test script generation, self-healing tests, and AI-powered release a...

Others
Bullish
4 hours ago
Aduro Clean Technologies Europe signs MOU with Ortessa to develop feedstock logistics for FOAK plant in the Netherlands

Aduro Clean Technologies Europe signs MOU with Ortessa to develop feedstock logistics for FOAK plant in the Netherlands

Aduro Clean Technologies Europe has signed a non-binding Memorandum of Understanding (MOU) with Ortessa Groep BV to explore developing a feedstock logistics center supporting Aduro's First-of-a-Kind (FOAK) chemical recycling plant at Chemelot Industr...

Company Fundamentals
Bullish
4 hours ago
Aduro and Ortessa sign MOU to develop feedstock logistics for Aduro's FOAK plant in the Netherlands

Aduro and Ortessa sign MOU to develop feedstock logistics for Aduro's FOAK plant in the Netherlands

Aduro Clean Technologies Europe BV has signed a non-binding Memorandum of Understanding with Dutch waste management group Ortessa Groep BV to explore creating a feedstock logistics center supporting Aduro's FOAK plant at Chemelot Industrial Park, Net...

Company Fundamentals
Bullish
4 hours ago
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