What Next for Purple Innovation, Inc. (PRPL) Stock After Today’s Huge Decline?

May 16, 2018 - By Carolyn Hewitt

Purple Innovation, Inc. (NASDAQ:PRPL) decreased considerably to $6.83. Barchart.com reported the move on May, 17. The company has $367.14M market cap. At $6.42 price target, the company’s valuation could be $22.03 million less.

For more Purple Innovation, Inc. (NASDAQ:PRPL) news announced briefly go to: Streetinsider.com, Prnewswire.com, Seekingalpha.com, Benzinga.com or Seekingalpha.com. The titles are as follows: “Purple Innovation (PRPL) Misses Q1 EPS by 13c, Revenue Beat; Offers 2Q Revenue Outlook Below Consensus” announced on May 15, 2018, “Purple Innovation Reports First Quarter 2018 Results” on May 15, 2018, “Purple Innovation’s (PRPL) CEO Terry Pearce on Q1 2018 Results – Earnings Call Transcript” with a publish date: May 16, 2018, “36 Stocks Moving In Monday’s Mid-Day Session” and the last “Purple Innovation: Increasing Evidence You Can Sleep Well Owning Shares” with publication date: April 30, 2018.

Purple Innovation, Inc. designs and makes mattresses, pillows, and cushions.The company has $367.14 million market cap. The firm markets and sells its products through direct-to-consumer and retail channels.Currently it has negative earnings.

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