Why Blue Apron Holdings Inc. Stock Lost 26% Last Month [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 service stumbled as a rival grabbed market share and the company gave up gains from December. Jeremy Bowman ( TMFHobo ) Feb 7, 2018 at 5:33PM What happened Shares of Blue Apron Holdings ( NYSE:APRN ) tumbled again last month, as enthusiasm for its new CEO seemed to wane and a key rival posted strong revenue growth. According to data from S&P Global Market Intelligence , the stock finished January 26% lower. As you can see from the chart below, the stock fell steadily over the course of the month: APRN data by YCharts . So what The stock's movement last month seemed to be partly a response to the gains in December, when shares rallied on news that the company had replaced its CEO. Last month, enthusiasm for the company's turnaround seemed to fade as investors turned to proven winners amid the market's rise. Im
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