“It’s the weirdest thing I’ve ever heard,” said Daniel Vazquez, an analyst with research firm IBISWorld.
Vazquez was on a call with analysts and investors from mattress maker Comfort and said it’s not a coincidence that it’s been the same trend for the past two years.
Comfort’s mattress business was recently acquired by mattress maker Medi-Cal.
Vizuelos comments come after the company said in a statement that its mattress business has experienced strong growth in the past 12 months.
The company’s chief executive, Jeffrey B. Stapleton, said last month that his company’s profits were on track to double in the next three years, to $200 million.
The stock has more than tripled since then, jumping nearly 50% in the last 24 hours.
The company has also made headlines in recent weeks for allegations of a massive Ponzi scheme and a series of scandals.