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Blue Apron shares soared more than 130% Friday after the once-hot meal kit delivery service announced it was being acquired. Wonder Group, a food delivery startup led by former Walmart and Jet ...
Shares of the meal-kit service fell on concerns that the economy may be weakening.
Shares of the meal-kit service surged on an apparent short squeeze.
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Blue Apron Holdings, Inc. is an American ingredient-and-recipe meal kit company headquartered in New York City, operating its services exclusively in the United States. [4] It offers weekly boxes containing ingredients, which also includes suggested recipes that must be cooked by hand by the customer using the pre-ordered ingredients.
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Since opening at $10, Blue Apron stock has lost nearly 90% of its market capitalization. In fact, you can easily make the argument that at no point has APRN looked worse than it does now.
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