Purple Innovation Inc (PRPL) is trading -12% lower at $3.495 today. Shares of the stock are wavering behind other names in the space on what is turning out to be a mildly glum day for the Consumer Discretionary sector.

The share price is likely moving as a result of the recent earnings call on August 09.

Purple Innovation Inc has been trading between a 52-week high of $26.93 and a 52-week low of $2.9. The stock has a market cap of $289 Million.

Purple is a digitally-native vertical brand with a mission to help people feel and live better through innovative comfort solutions. Purple designs and manufactures a variety of innovative, premium, branded comfort products, including mattresses, pillows, cushions, frames, sheets and more. Its products are the result of over 25 years of innovation and investment in proprietary and patented comfort technologies and the development of its own manufacturing processes.

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