Tempur Pedic (TPX) Clobbered After Rare Mattress Discount, Short Seller Concerns

In addition to speculation that short sellers are circling on Tempur Pedic (NYSE: TPX), an analyst at Raymond James is commenting on surprise discounts on the company's most profitable bed.

According to Raymond James analyst Budd Bugatch, the company is offering a discount on Cloud Supreme mattress from mid-May to early July. This is the company's best seller in dollar terms.

The analyst commented that it doesn't remember the last time the company offered a discount on a mattress, with the exception of closeouts.

This of course has the market worried about margins at the company.

Shares of TPX have taken another leg lower and currently sit down 10.8%.

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