APRN - Penny Stocks Under $1: Blue Apron May Soar with Weight-loss Niche

Penny stocks under $1 split investors. Some see the high risk, others the high reward. We’re going to look at Blue Apron (NYSE:APRN) today because there is potential for profit in these low-priced stocks.

Investors should be aware of the volatility of penny stocks. Any shares selling for under $5 usually aren’t the best. It’s simple really, nearly every company prices their IPO at $10 per share and above. So you can do the math here: if a stock is trading below $5, that means it has lost 50%+ value. ...