Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Here's What Sent Purple Innovation Stock Higher on Wednesday

TheMotleyFool

0 0

Here's What Sent Purple Innovation Stock Higher on Wednesday

Shares of Purple Innovation (NASDAQ: PRPL), maker of mattresses and other sleep products, went up on Wednesday after attracting some prominent analyst attention. After market close on Tuesday the company was cast in a positive light on CNBC's Fast Money show. This came after an Oppenheimer analyst maintained their buy rating on the stock earlier in the day.

As of 3:30 p.m. EDT, Purple Innovation stock was up 10% and had climbed a remarkable 216% so far in 2020.