A week's descent for Tempur

Shares in Tempur - the company whose material was originally conceived by Nasa - have continued their decline following the initial promise of last week.

Trading yesterday (October 2nd) ended at $10.00 a share on the NYSE, only marginally higher than the day's low of $9.99.

Having closed on the first day of trading last week at $14.04, prices have steadily slipped, setting a trend that has continued a week later.

Monday's trading reached a peak of $12.99, before ending the day at $11.06. Opening on Tuesday at $11.60, prices reached $11.96 before settling at $11.76.

The next day, the opening price had fallen to $11.60, fluctuating between $12.01 and $11.30 and closing at $11.37.

That price was topped by yesterday's peak of $11.47, though this could not be maintained as trading moved into Friday, Yahoo! Finance reports.

Classic Bed Company is the UK's premier bed store for ultimate comfort and luxury offering Tempur, Vi Spring, Willis Gambier, French sleigh beds and contemporary beds online