Why Blue Apron Holding Inc. Stock Was Moving Higher Today [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 server continued to rally on an insider buying report and hope for the new CEO. Jeremy Bowman ( TMFHobo ) Dec 19, 2017 at 1:56PM What happened Shares of Blue Apron Holding Inc. ( NYSE:APRN ) were gaining again Tuesday, continuing a bull run that started when the meal-kit service hired a new CEO on Dec. 1. In recent days, the stock has moved higher on reports that new CEO Brad Dickerson has acquired around $700,000 in Blue Apron stock since taking the helm. On Tuesday, shares were up 3.2% as of 12:15 p.m. EST, after gaining as much as 5.6% earlier in the session. Image source: Getty Images. So what Insider buying is often a bullish signal for a stock as company officers and directors have more information than anyone else on the company, and Dickerson's purchase also demonstrates his own confidence in the stock, which has now
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