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Mattress Firm thu the roof
Did any one have Mattress Firm??? Jumped up OVER $34.00 dollars today.
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Stocks/Investments Moderator
Nope
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Let me sleep on that Investment....Ohhh $63.00 TODAY.
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I worked in the mattress sales industry and we can handle Mattress Firm regularly on price and delivery, but they seem to be doing better in larger markets.
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Mattress Firm's being bought by a much larger foreign owned company is why their stock is selling for such a high price.
All in all, furniture is the biggest crap of a business in the world. There are major cities with very few decent quality furniture stores--and bedding is part of this.
I don't know if Mattress Firm's being purchased is to make a market leader or if they're being purchased to do away with the competition.
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Just bought a Tempurpedic from them. That should explain it.