The Traderszone Network

Published in TZ Latest News 21 June, 2016 by The TZ Newswire Staff

Mattress Firm Bounces When Things Get Lumpy

Image source: Mattress Firm.   

Last week would seem to be a pretty dreadful one for Mattress Firm (NASDAQ: MFRM) investors. The retailer of bedding products experienced analyst downgrades and the initiation of class action lawsuits stemming from a rough quarterly report the week before.

Mr. Market usually spits out underachievers like Mattress Firm, but the stock thrived. It soared 10.4% last week. This week is off to another hot start after a 5.5% pop on Monday.

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