Tag Archives: APRN

3 Recent IPOs That Will Clobber Snap and Blue Apron

The two most well-covered initial public offerings of 2017 have been major flops. Snap Inc (NYSE:SNAP) went public in early March at $17. After an early pop, SNAP stock soon dipped below that level, dropping below $12 before a recent recovery.

Source: Shutterstock

Blue Apron Holdings Inc (NYSE:APRN) has performed even worse. APRN stock dipped below its....More>>>

3 Recent IPOs That Will Clobber Snap and Blue Apron

The two most well-covered initial public offerings of 2017 have been major flops. Snap Inc (NYSE:SNAP) went public in early March at $17. After an early pop, SNAP stock soon dipped below that level, dropping below $12 before a recent recovery.

Source: Shutterstock

Blue Apron Holdings Inc (NYSE:APRN) has performed even worse. APRN stock dipped below its....More>>>

Nasdaq Closes Out Its Best First Half Since 2009

U.S. equities finished mixed on Friday, a quiet end to what was an exciting and volatile month. In the end, the Dow Jones Industrial Average gained 0.3%, the S&P 500 gained 0.2%, the Nasdaq Composite lost 0.1% and the Russell 2000 lost 0.1%. Treasury bonds weakened, the dollar was slightly stronger, gold lost 0.3% and oil climbed for the seventh straight session up 2.5%.

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Blue Apron: Tasty Food, Not So Appetizing IPO, Especially For Long-Term Gains

Most likely, you already know about Blue Apron’s IPO set for June 28th. Blue Apron (NYSE: APRN) is going public with a target price set between $15 to $17. This will put the companys valuation at between roughly $2.9 to $3.2 billion. Given the general hype around the company, the difficulty of finding good deals in the stock market and especially tech industry, as well as the overall....More>>>