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Mattress Firm Holding's Strong Preliminary Q2 Results Lifts Mattress & Furniture Sector

Jayson Derrick

Shares of Mattress Firm Holding (NASDAQ: MFRM) surged on Monday following the company's preliminary second quarter results.

Stocks in both mattresses and the furniture industry are moving on this news.

Shares of Tempur Sealy (NYSE: TPX) were trading higher by 2.48 percent at $58.24. Tempur Sealy is one of the largest companies in the sector with a market cap over $3.5 billion.

Related Link: Mattress Firm Holding Investors Will Sleep Well Following Preliminary Q2 Results

Shares of Select Comfort (NASDAQ: SCSS) were trading higher by three percent at $21.74.

Shares of Stanley Furniture (NASDAQ: STLY) saw a smaller pop in share prices. Shares of the small-cap home furnishing company were trading higher by 1.18 percent at $2.57 in Monday's afternoon trading session. Shares of Bassett Furniture Industries (NASDAQ: BSET) were also trading higher.

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