Tempur Sealy International, Inc (symbol: TPX) was one of the worst losers
of the trading day today (2016-09-28), losing -22.4%. The number of shares
that changed hands was 14,759,267, or about 12 times the average daily
volume in the stock.
The closing price was $57.77, amounting to a market cap of $3,370,000,000,
about -30.07% off the highest price in the last 12 months. The stock has
been trading at a range between $50.8 and $82.61.
TPX is in the Home Furnishings industry, part of the Consumer Durables
sector. It first went public in 2003.
Looking at its valuation, the stock is now trading at 40.23 times earnings.
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