Tempur Pedic International Inc. (NYSE:TPX) is tumbling this morning, down more than 46% at $23.18. TPX has traded 21.6 million shares so far today, 10 times its daily average. TPX shares are crashing today after the company cut its 2012 outlook due to widespread discounts and new inventory at retailers. The company has a market cap of 1.46 billion.
Sealy Corporation (NYSE:ZZ) is down 6.76% today at $1.5850. ZZ has traded 650 thousand shares this morning, above its daily average of 504 thousand shares. ZZ shares are taking a hit due to selling pressure on the entire mattress industry. The company has a market cap of 159.03 million. Sign Up For Free Stock Alerts
Nationstar Mortgage Holdings Inc. (NYSE:NEM) is down 4.95% this morning at $18.82. NEM has traded 411 thousand shares so far today and trades 618 thousand shares a day on average. NSM shares are selling off today after the stock ran up nearly $2 over the past week. The company has a market cap of 1.68 billion. [Read more...]