Is Purple Innovation Inc. Dead In The Water?

Purple Innovation Inc. (NASDAQ:PRPL) price closed higher on Friday, July 01

jumping 0.33% above its previous close.

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A look at the daily price movement shows that the last close reads $3.06

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with intraday deals fluctuated between $2.96 and $3.175.

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The company’s 5Y monthly beta was ticking 1.74.

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The company’s 5Y monthly beta was ticking 1.74.

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we note that the stock hit a 52-week high of $28.15 and 52-week low of $2.94

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The stock subtracted -35.71% on its value in the past month.

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