February 24, 2024

Purple Innovation higher on Buyout Bid

(24/7 MARKET NEWS)– Purple Innovation Inc. (NASDAQ:PRPL) confirmed that it received an unsolicited buyout offer for $362 million, which values it at $4.35 per share.

The mattress and bedding seller is trading at $3.70, in this morning’s premarket, up $0.91 (+32.62%), on over 800 thousand shares.

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