97.48MMarket Cap-0.89P/E (TTM)
0.937High0.860Low499.45KVolume0.860Open0.880Pre Close449.08KTurnover1.01%Turnover RatioLossP/E (Static)107.52MShares2.33052wk High3.49P/B44.99MFloat Cap0.69052wk Low--Dividend TTM49.62MShs Float41.080Historical High--Div YieldTTM8.75%Amplitude0.545Historical Low0.899Avg Price1Lot Size
Purple Innovation Stock Forum
Purple Innovation Announces Consolidation of Manufacturing Operations to Accelerate Growth
Purple Innovation (NASDAQ: PRPL) has announced a strategic consolidation of its manufacturing operations, aiming to accelerate growth and innovation. The company will close two Utah facilitiesand consolidate production into its McDonough, Georgia facility by December 31, 2024. This move is expected to generate $15 to $20 million in EBITDA benefit annually starting in 2025.
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