Can Blue Apron Stock Keep Going After Last Week's 15% Pop? [The Motley Fool]
Blue Apron Holdings, Inc. (APRN)
Last blue apron holdings, inc. earnings: 4/29 06:15 am
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Source: The Motley Fool
The meal-kit provider had a big week, sustaining the momentum that has sent the stock 63% higher since hitting rock bottom last month. Rick Munarriz ( TMFBreakerRick ) May 21, 2018 at 10:18AM One of last year's biggest IPO losers may be on the comeback trail. Shares of Blue Apron Holdings ( NYSE:APRN ) moved 15.2% higher last week, gaining ground after tapping a new CFO and introducing a new service promotion. There was also encouraging news out of the meal-kit niche leader, potentially boding well for Blue Apron. The stock would go on to inch higher in each of last week's five trading days. Momentum is on Blue Apron's side since announcing better-than-expected financial results earlier this month. Blue Apron stock has now moved 34.4% higher in May, and is up a whopping 63.4% since bottoming out last month. Image source: Blue Apron. Thinkin
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