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Benzinga

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Adam Eckert

Why Purple Innovation Stock Is Falling After Hours

Purple Innovation Nasdaq

Purple Innovation Inc (NASDAQ:PRPL) shares are trading lower in Thursday's after-hours session after the company proposed a $65 million underwritten public offering.

The underwriter will have a 30-day option period to purchase up to 15% additional shares of common stock from Purple Innovation. BofA Securities is acting as the sole underwriter for the offering.

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Top stories on inkl right now

‘Deeply unfortunate’: Hasina on Bangladesh skipping BRICS summit

‘Deeply unfortunate’: Hasina on Bangladesh skipping BRICS summit

Former Bangladesh prime minister Sheikh Hasina has called Dhaka's decision to skip the Brics summit in India “deeply unfortunate”, saying the country's participation could have opened new opportunities for its economic and social development.

The Times of India

US Justice Department threatens California over alleged noncitizen voters' list

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The Economic Times

Live: Saudi Arabia reports Aramco building hit and four wounded in Houthi missile attacks

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Cornell suspends fraternity parties amid backlash over alleged sexual assault

Cornell suspends fraternity parties amid backlash over alleged sexual assault

University bans parties at frat houses for rest of academic year to conduct ‘thorough review’ of campus Greek life

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Ukraine war briefing: Zelenskyy decries ‘absolutely unjust’ lack of warning from allies after Kyiv plant strike

Ukraine war briefing: Zelenskyy decries ‘absolutely unjust’ lack of warning from allies after Kyiv plant strike

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