Morning Market Losers
Tempur Pedic International Inc (NYSE: TPX) fell 45.07% to $23.99 at 10:15 am. TPX projects its Q2 profit to drop around 50%.
Select Comfort Corporation (NASDAQ: SCSS) shares dipped 21.52% to $20.35. Select Comfort appointed Michael Bills as chief marketing officer.
Mattress Firm Holding Corp (NASDAQ: MFRM) dropped 18.95% to $28.61. MFRM reported downbeat first-quarter revenue. The company also announced its plans to buy Mattress Giant for $47 million in cash.
Urologix Inc (NASDAQ: ULGX) shares lost 13.33% to $1.04. ULGX's trailing-twelve-month ROE is -122.43%.
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