| Purple Innovation is a holding company. Through its subsidiary, Co. designs and manufactures mattresses, pillows, cushions, bases, sheets and more. Co. markets and sells its products through direct-to-consumer e-commerce and Purple retail showrooms and retail brick-and-mortar wholesale partners. Co.'s product portfolio includes: Mattresses, which utilize the benefits of the Purple Grid creating a sleep solution that is breathable to help regulate body temperature while also providing support through localized buckling columns; and Pillows, which include The Purple Harmony Pillow, the Purple Pillow, the Purple Twin Cloud Pillow, the Purple Cloud Pillow and the Kids Pillow. We show 29 historical shares outstanding datapoints in our PRPL shares outstanding history coverage, used to compute PRPL market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PRPL market cap history over the course of time is important for investors
interested in comparing PRPL's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PRPL versus a peer is one thing; comparing
PRPL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PRPL can fluctuate over the course of history.
With this page we aim to empower investors researching PRPL by allowing them to research the PRPL market cap history.