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home / news releases / PRPL - Purple Innovation Stock Is Soaring 12% Today

PRPL - Purple Innovation Stock Is Soaring 12% Today

Purple Innovation Inc.

Shares of Purple Innovation (NASDAQ: PRPL) were jumping over 12% in midday trading after the bedding maker posted higher than expected sales and profits.

Considering the ruined state of retail these days due to the COVID-19 pandemic, Purple's ability to grow sales 46% in the first quarter, generating a 140% increase in net profit, is a remarkable achievement.

Image source: Getty Images.

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Stock Information
Company Name: Purple Innovation Inc.
Stock Symbol: PRPL
Market: NASDAQ
Website: purple.com
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