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Blue Apron

All articles tagged with #blue apron

food-and-lifestyle2 years ago

"Blue Apron Unveils 'Prepared & Ready' Meal Kits for 2024 Launch"

Blue Apron has launched a new "Prepared & Ready" line of pre-made, non-frozen meals, featuring over 16 nutritionist-approved options, including chef-crafted dishes and dietician-approved offerings. The meals are delivered fresh and can be accessed with or without a subscription, starting at $13.49 per serving. With a focus on convenience and nutritional value, the line offers diverse and delicious options, making wholesome eating easier and more accessible for those with busy lifestyles.

via New York Post |
#blue-apron#convenience#food-and-lifestyle
business2 years ago

"Tesla, Nike, Carnival, Nvidia, and More: Midday Stock Movers"

Tesla's stock rose over 2% after Canaccord Genuity reiterated a buy rating, while Citi reduced its vehicle delivery forecast. Anheuser-Busch InBev saw a 3.6% increase in its stock following an upgrade to buy. Carnival's shares slid 7% as the company forecasted a loss for the fiscal fourth quarter. Blue Apron's stock surged nearly 134% after announcing an agreement to be bought by Wonder Group. Nvidia's shares ticked up 1.5% as Citi highlighted the forthcoming iteration of its Blackwell B100 GPU as a major catalyst. Nike's stock jumped 6.3% after reporting mixed fiscal first-quarter results. Walgreens' shares rose over 6% amid reports of considering Tim Wentworth as its next CEO. Bumble and Brinker International also saw stock increases after receiving upgrades, while Corcept Therapeutics' shares slumped 18% due to ongoing litigation. Texas Roadhouse's stock gained roughly 2% following an upgrade to buy.

via CNBC|
#blue-apron#business#carnival
business2 years ago

Blue Apron's Surprising Sale: What Really Happened?

Blue Apron's stock surged over 130% after it announced it is being acquired by food delivery startup Wonder Group, led by former Walmart and Jet executive Marc Lore. The deal values Blue Apron at $103 million, a significant drop from its previous $2 billion valuation. Blue Apron has faced challenges in recent years, including layoffs, stagnant customer growth, and competition from larger companies like Amazon and Kroger. The acquisition aims to create a leading platform for mealtime, offering choice, flexibility, and convenience through two exceptional brands. The Blue Apron name will continue to be used, and the company's partnership with FreshRealm will also continue.

via CNN|
#acquisition#blue-apron#business
business2 years ago

"Top Trending Stocks Pre-Market: Nike, Blue Apron, Bumble, and More"

Nike's stock rose nearly 10% in premarket trading after reporting better-than-expected earnings and reaffirming its full-year revenue growth guidance. Uranium Energy saw a 2% increase in its stock after reporting a significant increase in fiscal full-year revenue. Blue Apron's shares surged over 100% following the announcement of its acquisition by Wonder Group. Anheuser-Busch InBev and Brinker International both experienced stock gains after receiving upgrades from Bank of America and Stifel, respectively. Additionally, Bumble's stock climbed after an upgrade from Loop Capital Markets, and Texas Roadhouse saw a 1.6% increase in its stock after receiving a rating upgrade from Northcoast Research.

via CNBC|
#acquisitions#blue-apron#bumble
business2 years ago

Blue Apron Soars 121% on Buyout Offer, Going Private at $13 a Share

Blue Apron's stock price surged by 121% after announcing a merger agreement with Wonder Group, led by entrepreneur Marc Lore, for $13.00 per share. The acquisition price represents a significant premium to the stock's recent closing price and is expected to create a leading platform for mealtime, enhancing choice, flexibility, and convenience for customers. Wonder Group plans to continue Blue Apron's operations under its current brand, with synergies expected between consumer-facing apps and delivery logistics.

via Seeking Alpha|
#acquisition#blue-apron#business
business2 years ago

Blue Apron's Stock Bounces Back with Job Cuts and Strategic Plan.

Blue Apron, the meal-kit delivery service, plans to streamline its business with job cuts, restructuring, and a sale of assets to FreshRealm. The company received $25 million in cash upfront and is eligible to receive up to $25 million more if FreshRealm reaches certain milestones. Blue Apron aims to become an asset-light company and focus on the growth of its direct-to-consumer business, with reduced headcount and administrative costs. The company hopes to get to profitability quicker and expand its product offerings, including new convenient options.

via CNN|
#blue-apron#business#freshrealm