Purple, Clarus, PlayStudios and Frontier fall as April CPI fuels consumer-spending concerns

Shares of Purple Innovation (PRPL), Clarus (CLAR), PlayStudios (MYPS) and Frontier Group (ULCC) fell in May 15, 2026, morning trading after April CPI showed U.S. inflation accelerated to 3.8% year over year, raising concerns that higher essential costs could curb discretionary spending. The Bureau of Labor Statistics reported a 0.6% monthly increase in prices, led by a 3.8% rise in energy costs and a 5.4% jump in gasoline prices. Food and shelter prices also increased, pressuring household budgets and weighing on retail, consumer goods, travel and leisure stocks. Purple shares have been highly volatile, with 49 moves of more than 5% over the past year. The stock is down 34% in 2026 and recently traded at $0.48, 62% below its 52-week high of $1.25. KeyBanc downgraded Purple 13 days earlier after first-quarter revenue fell 8.1% to $95.7 million and its net loss widened to $30.5 million.