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home / news releases / APRN - The Data So Far Indicates That The Coronavirus Bump Has Not Been Able To Get Blue Apron Off Life Support


APRN - The Data So Far Indicates That The Coronavirus Bump Has Not Been Able To Get Blue Apron Off Life Support

Blue Apron (APRN) used to be the leading meal kit company in the United States (Hello Fresh has long since surpassed it). It is, however, a leading candidate for one of the worst IPOs in US history. Blue Apron has never made money, consistently burns cash, and routinely records revenue declines of greater than 30% year over year. The company was appropriately trading for just over $2 on 3/13/2020 as bankruptcy looms around the corner. However, in just a few trading days, the stock is now multiples higher. APRN has clearly been a

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Stock Information

Company Name: Blue Apron Holdings Inc. Class A
Stock Symbol: APRN
Market: NYSE
Website: blueapron.com

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