Vivian D. Labbe
All posts from Vivian D. Labbe
Vivian D. Labbe in Mergers & Acquisitions,

Blue Apron Downgrade Makes It Ripe For Acquisition

Citi analyst Mark May downgraded Blue Apron Holdings Inc APRN to Neutral, like other analysts citing the IPO’s disappointing quarterly results due to issues with the opening of a new fulfillment center. Read more

There is probably some upside potential due to stochastocs. Even though the downside trend is strong. 

APRN, Blue Apron Holdings Inc