LEG Leggett & Platt, Incorporated gains 23% Mar 6, 2019

Leggett & Platt, Incorporated designs and produces various engineered components and products worldwide. The company operates through four segments: Residential Furnishings, Commercial Products, Industrial Materials, and Specialized Products. The Residential Furnishings segment offers innersprings, wire forms, and machines to shape wire into various types of springs; steel mechanisms and hardware, and springs and seat suspensions; and structural fabrics, carpet cushions, and geo components. It serves manufacturers of finished bedding and upholstered furniture; retailers and distributors of carpet cushions; and contractors, landscapers, road construction companies, and government agencies using geo components. The Commercial Products segment provides molded plywood components; bases, columns, back rests, casters, frames, and control devices for office chairs; private-label finished furniture; beds and bed frames; and adjustable beds. It serves office furniture manufacturers; and mattress and furniture retailers. The Industrial Materials segment offers drawn wires, fabricated wire products, and steel rods. It serves bedding producers, mechanical spring manufacturers, and wire distributors. The Specialized Products segment provides mechanical and pneumatic lumbar support and massage systems, seat suspension systems, motors and actuators, and control cables; titanium, nickel, and stainless steel tubing, formed tube, and tube sub-assemblies; quilting machines and industrial sewing/finishing machines; and van interiors. It serves automobile seating manufacturers and OEMs; aerospace suppliers; bedding manufacturers; and telecommunication, cable, home service, and delivery companies. The company sells its products through sales representatives and distributors. Leggett & Platt, Incorporated was founded in 1883 and is based in Carthage, Missouri.http://www.priceseries.com/trade/LEG-Leggett-&-Platt-Incorporated-stock-gains-23-percent-a-Trade-Record-by-priceSeries-2019010420190306.html