SNBR shares vaulted 17% today. A quick overview:

Shares of Sleep Number Corp (SNBR) are trading 17% higher at a price of $42.46 at the time of this writing. Initially, Sleep Number shares are down 9% after the company cuts its FY profit and sales guidance, but found it's footing later in the day.

1. The bedding products and smart beds company slashed its FY 2022 EPS and net sales guidance in Thursday premarket trading.
2. Sleep Number Q2 GAAP EPS of $1.54 beats by $0.92.Revenue of $549.07M (+13.4% Y/Y) beats by $42.93M

Sleep Number Corp has been trading between a 52-week high of $105.98 and a 52-week low of $29.68. The stock has a market cap of $944 Million.

Individuality is core to Sleep Number. The purpose driven company is comprised of over 4,300 passionate team members who are dedicated to the mission of improving lives by individualizing sleep experiences. The 360® smart beds provide each sleeper with adjustable, individualized comfort for proven quality sleep.