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home / news releases / PRPL - Sleep Number: Irrational Sell-Off After Earnings

PRPL - Sleep Number: Irrational Sell-Off After Earnings

Purple Innovation Inc.
  • Sleep Number faced supply shortages during Q2, negatively impacting results.
  • Despite delivering a quarter below expectations, full-year guidance was raised even higher.
  • Given the significant buyback program in place, I expect Sleep Number to recover substantially in the coming weeks.

For further details see:

Sleep Number: Irrational Sell-Off After Earnings
Stock Information
Company Name: Purple Innovation Inc.
Stock Symbol: PRPL
Market: NASDAQ
Website: purple.com
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