101.05MMarket Cap-949P/E (TTM)
0.940High0.880Low516.61KVolume0.914Open0.910Pre Close461.75KTurnover1.07%Turnover RatioLossP/E (Static)107.50MShares2.33052wk High1.52P/B45.51MFloat Cap0.57352wk Low--Dividend TTM48.41MShs Float41.080Historical High--Div YieldTTM6.59%Amplitude0.545Historical Low0.893Avg 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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