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

Shares of Mattress Firm Holding 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 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 SCSS were trading higher by three percent at $21.74.

Shares of Stanley Furniture 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 BSET were also trading higher.