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PRPL News and Press, Purple Innovation Inc. From 06/10/22

Stock Information

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

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PRPL - My Top Ten Factors - For Going Long And For Going Short

I list and explain ten factors for choosing stocks to go long and ten factors for choosing stocks to short or buy puts on. These are factors I use every day, and include earnings growth, share turnover, free cash flow, and many others. At the end of the article I list my top ten s...

PRPL - Mattress stocks are an uncomfortable investment as inflation runs hot - UBS

Slowing sales for mattress manufacturers are motivating bearishness on the sector from UBS. After talks with experts and retailers in the industry, UBS analyst Atul Maheswari said sales remain “sluggish” and are likely to remain depressed until labor day. ‘The expert beli...

PRPL - Slowing sales for mattress retailers 'on par with Great Recession' - Wedbush

Lagging sales for mattress retailers over the Memorial Day holiday point to a rough rest of the year, according to Wedbush analyst Seth Basham. In a research note authored on Wednesday, the analyst reported that recent sales checks came back negative while demand generally continues to wane. ...

PRPL - LXEH, PRPL and MSC are among consumer and movers

Gainers: Mullen Automotive (MULN) +52%. Gogoro  (GGR) +34%. Studio City International Holdings Limited (MSC) +34%. Pop Culture Group  (CPOP) +23%. RISE Education Cayman Ltd (REDU) +22%. Losers: Boqii Holding Limited (BQ) -86%. Lixiang Education Holding  (LXEH) -14%. K...

PRPL - PRPL, LVLU and CANG are among consumer movers

Gainers: America's Car-Mart (CRMT) +25%. China Liberal Education Holdings  (CLEU) +13%. Cango  (CANG) +13%. Citi Trends (CTRN) +13%. Lulu's Fashion Lounge Holdings (LVLU) +7%. Losers: Snap  (SNAP) -42%. Abercrombie & Fitch (ANF) -30%. Pinterest (PINS) -22%. Nautil...

PRPL - Purple Innovation jumps 7% after $3.8M insider buying

Purple Innovation (NASDAQ:PRPL) shares trade higher after the director bought 778,000 shares at the price range of $4.73 - $4.92 each, worth ~$3.8M. Stock is up 7% in mid-day trading session. A quick look through company's ownership structure: Earlier, the retailer blasted past beaten-do...

PRPL - Purple Innovation: In For A Hard Time

Purple Innovation had a solid track record of attractive growth in terms of revenue. Current guidance, however, looks discouraging, and the company's bottom line has been disappointing. Overall, this does not look like a reasonable investment for investors to consider. For f...

PRPL - Walmart, Lululemon and Wayfair slide as Target earnings weigh heavy in retail sector

Tractor Supply Company (NASDAQ:TSCO -9.5%), Ulta Beauty (ULTA -7.6%), Williams-Sonoma (WSM -12.9%), ThredUp (TDUP -7.8%), AutoNation (AN -6.5%), Purple Innovation (PRPL -8.4%), Academy Sports and Outdoors (ASO -11.5%), Wayfair (W -6.8%), Lululemon (LULU -7.2%), and Etsy (ETSY -6.3%) are just ...

PRPL - What to Know About Buying Penny Stocks on May 17th 

Buying Penny Stocks on May 17th? Here’s What You Need to Know After another interesting day of trading penny stocks and blue chips, there is a lot for investors to know. Right now, we have several factors impacting the stock market that are creating heightened volatility. [...

PRPL - Why Purple Innovation Stock Was Climbing Today

Shares of Purple Innovation (NASDAQ: PRPL) , the direct-to-consumer mattress company, were climbing after it delivered better-than-expected results in its first-quarter earnings report, even though it lowered guidance for the year. As of 3:02 p.m. ET, the stock was up 7.2%. Simi...

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