It is obvious. Shorts have been targetting this stock from the entire year; short interest goes up but stock keeps bouncing around from 45 to 70. Either the shorts are right (I really doubt it!) or it is about to go up about 20-30 dollars into earnings.
you are not a very good shopper, the charts say down to $35. Hope you got enough shopping bargains to make the difference. What, are you nuts, this is the wrong market to look for deals. Hahahahahaha!!!!!!! Stupid
Market is coming to the realization that a 20 p/e for a consumer product company entering a broad market recession is not worth it. Don't need any news to explain it. The realization is as quiet as a mouse crapping on cotton.
I would doubt it has to do with MFRM's (a retail store selling mattresses) IPO.
As for "the realization" of a recession all of a sudden creeping up on us, I don't buy that. While the potential for a recession is high why haven't other stocks dropped 25% in the last several days?
It seems a large seller in TPX is dumping shares. TPX has many institutional holders. So it's quite possible it's one of them with a cash problem. Note what happened to the market on Wednesday when it dropped 70 points in the last minute.