PRPL News and Press, Purple Innovation Inc. From 09/21/20

PRPL and CSPR are leading the charge in DTC mattress sales, and both had ~2% market share each in 2019. 2Q showed strengths in DTC as retail sales were impacted in traditional brick-and-mortar channels. PRPL is closer to consistent profitability and could be safer, while providing...

LEHI, Utah , Sept. 14, 2020 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), the leader in comfort innovation and the creator of the renowned Purple® Mattress, today announced the closing of the previously announced underwritten secondary public offering of 13,...

Shares of Purple Innovation (NASDAQ: PRPL) jumped 12.2% higher on Thursday after the bedding maker priced a secondary offering at $18.50 per share, over $1.50 per share below where the stock had closed on Wednesday. Purple didn't issue new shares, which would dilute existing shareholders....

Turquoise Hill Resources (NYSE: TRQ ) -21%  after announcing an update on funding discussions with Rio Tinto. More news on: Turquoise Hill Resources Ltd., Precipio, Inc., Muscle Maker, Inc., Stocks on the move, , Read more ...

Purple Innovation (NASDAQ: PRPL ) has priced its secondary public offering of 11,826,087 shares of Class A common stock to be sold by InnoHold at at $18.50/share. More news on: Purple Innovation, Inc., Consumer stocks news, , Read more ...

LEHI, Utah , Sept. 9, 2020 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), the leader in comfort innovation and the creator of the renowned Purple® Mattress, today announced the pricing of an underwritten secondary public offering of 11,826,087 shares of its C...

Purple Innovation (NASDAQ: PRPL ) slips  ~6.4%  AH, after it launched an underwritten secondary public offering of ~11.8M shares to be sold by InnoHold. Underwriters have an option to purchase up to 1.8M additional shares. More news on: Purple Innovation, Inc., Consumer stock...

Oppenheimer reiterates an Outperform rating on Purple Innovation ( PRPL +1.3% ) after the company announced a new five-year $100M credit facility. More news on: Purple Innovation, Inc., Consumer stocks news, Read more ...

Investors continue to show a fascination with small-cap stocks . Defined as stocks with a market capitalization in the $300 million to $2 billion range, most small caps remain inconsequential as they exhibit no apparent potential for profit growth or industry leadership. However, many buy in h...

LEHI, Utah , Sept. 3, 2020 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," today announced that it has executed a new five-year $100 million senior secured credit fa...