When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can...
In a welcome move, Tempur Sealy stock saw its Relative Strength Rating rise from 70 to 75 on Monday. This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score.
A May 2022 presentation to the board by the company's CEO stated that buying Mattress Firm would enable Tempur Sealy to "eliminate future competition" and "block future competition", the papers showed. Scott Thompson has been Tempur Sealy CEO since 2015, after shareholders ousted Mark Sarvary.