Blue Apron beats, but bleeds subscribers (APRN)

Blue Apron Blue Apron beat on the top and bottom lines. The meal-kit subscription service had 746,000 customers in the fourth quarter, down from 856,000 in the prior quarter. (Reuters) – Blue Apron Holdings Inc reported a smaller-than-expected revenue drop and quarterly loss on Tuesday after a costly distribution hub switch forced it to slash marketing. The meal-kit […]

Just six months after Blue Apron went public, its growth has come to a screeching halt (APRN)

When Blue Apron was preparing for its initial public offering earlier this year, its selling point, like that of many startups, was rapid growth and leadership in an emerging market. But the company’s claims to preeminence in the app-based food delivery business took a hit even before it went public when Amazon announced it was […]

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, AXP, APRN, UAL)

Reuters/Baz Ratner Here is what you need to know.  It’s the 30th anniversary of the 1987 stock market crash. The Dow Jones Industrial average crashed more than 22% on October 19, 1987, making for the biggest one-day percentage drop in its history.   China’s GDP slows down a bit. Data released by the National Bureau of Statistics on Wednesday […]

NFL quarterbacks and tech stocks dominate their respective worlds — here are 7 perfect matchups (AAPL, APRN, TSLA, TWTR, BABA, AMZN, FB)

Reuters/Benny Sieu-USA TODAY Sports Tech companies and NFL quarterbacks have a surprising amount in common. While tech stocks carry outsize influence, often dictating the direction of the whole market, professional football teams are also at the whim of their signal-callers. The market would crash if tech stocks started failing — the dot-com bubble anyone? — […]

NFL quarterbacks and tech companies rule their respective universes — here are 7 spot-on comparisons (AAPL, APRN, TSLA, TWTR, BABA, AMZN, FB)

Reuters/Benny Sieu-USA TODAY Sports Tech companies and NFL quarterbacks have a surprising amount in common. While tech stocks carry outsized influence, often dictating the direction of the whole market, professional football teams are also at the whim of their signal-callers. The market would crash if tech stocks started failing — the dotcom bubble anyone? — just like […]

Blue Apron surges after beating on revenue and losing less money than expected (APRN)

Blue Apron reported more revenue than forecast and a smaller-than-expected loss in its first quarterly earnings release as a public company on Thursday.  The meal kit-delivery service said it earned $ 238.1 million in revenue, topping analysts’ forecast for $ 235.8 million according to Bloomberg. It posted an adjusted EBITDA loss of $ 23.9 million, less […]

Blue Apron’s VC backers have made gobs of money — while regular investors have taken a bath (APRN)

Shutterstock/pp1 Blue Apron has been decimated since going public in June, losing 35% of its value thanks to a direct assault from Amazon and troubling customer-retention issues.  The company, which was courting an IPO price of as much as $ 17 a share for a valuation of $ 3 billion in early June, has lost more than half of […]

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, AAPL, SNAP, APRN)

Here is what you need to know.  Trump’s “risk of impeachment” is higher. Tina Fordham, Citi’s Chief Global Political Analyst, believes that while it’s too early to say whether or not Trump will be impeached following the bombshell Donald Trump Jr. emails, the “risk of impeachment proceedings is now higher than before.”  Yellen begins her 2-day Humphrey […]

Blue Apron got Amazon’d before it even became a public company (APRN)

Getty Sorry, Blue Apron, you just got Amazon’d. Just two weeks ago, the meal-prep delivery startup looked as if it would coast through the road show for its initial public offering and start public trading with a juicy valuation of about $ 3 billion. Then the deal-happy retail juggernaut Amazon shelled out $ 13.7 billion […]

BLUE APRON CEO: Amazon’s grocery business could be ‘good for us’ (APRN, AMZN)

Flickr/TechCrunch Following a disappointing IPO tainted by Amazon’s recent acquisition of Whole Foods, the CEO of Blue Apron isn’t giving up hope. If Amazon “can help accelerate bringing online dollars into the offline grocery world and accelerate that transition from offline to online, we think that is good for us, and good for others players […]