Over 1 Year Ago
1 Min Read
Is APRN the new short squeeze? Redditor comments inside:
Shares of Blue Apron Holdings Inc (APRN) are trading 15% higher at a price of $5.34 at the time of this writing. The stock is blasting past competitors in the consumer staples sector today. Possible reasons why:
It has caught the attention of retail traders who see the strong short interest and large block of shares held by an activist investor and think "Hey, maybe this is a good short squeeze!" Also, the stock has room to run, while it trades in the bottom third of it's 52 week range.
Blue Apron Holdings Inc has been trading between a 52-week high of $12.76 and a 52-week low of $2.27. The stock has a market cap of $186 Million.
Blue Apron's vision is 'better living through better food.' Launched in 2012, Blue Apron offers fresh, chef-designed recipes that empower home cooks to embrace their culinary curiosity and challenge their abilities to see what a difference cooking quality food can make in their lives. Through its mission to spark discovery, connection and joy through cooking, Blue Apron continuously focuses on bringing incredible recipes to its customers, while minimizing its carbon footprint, reducing food waste, and promoting diversity and inclusion.
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:
ryan74701 - 4 upvotes - source
APRN this shit is going to rocket, 55% short interest. activist investor owns 43% of the shares. shit is ready to pop
Jujuulz - 4 upvotes - source
APRN while we wait?
Ok_Active_8294 - 3 upvotes - source
Aprn
20Barnum20 - 3 upvotes - source
APRN getting wild now too
ValuableNorth4 - 3 upvotes - source
$APRN halted and dipped at the exact same time as BBBY. Another one with high short interest about to get squeezed
Jujuulz - 3 upvotes - source
APRN while we wait I’m just saying
20Barnum20 - 2 upvotes - source
Gonna let these APRN calls ride, screw it
presdonts - 2 upvotes - source
APRN trying to join in on that action
antm593 - 2 upvotes - source
APRN about to 🌞🌝
chompar - 2 upvotes - source
anyone looking at APRN?
It has caught the attention of retail traders who see the strong short interest and large block of shares held by an activist investor and think "Hey, maybe this is a good short squeeze!" Also, the stock has room to run, while it trades in the bottom third of it's 52 week range.
Blue Apron Holdings Inc has been trading between a 52-week high of $12.76 and a 52-week low of $2.27. The stock has a market cap of $186 Million.
Blue Apron's vision is 'better living through better food.' Launched in 2012, Blue Apron offers fresh, chef-designed recipes that empower home cooks to embrace their culinary curiosity and challenge their abilities to see what a difference cooking quality food can make in their lives. Through its mission to spark discovery, connection and joy through cooking, Blue Apron continuously focuses on bringing incredible recipes to its customers, while minimizing its carbon footprint, reducing food waste, and promoting diversity and inclusion.
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:
ryan74701 - 4 upvotes - source
APRN this shit is going to rocket, 55% short interest. activist investor owns 43% of the shares. shit is ready to pop
Jujuulz - 4 upvotes - source
APRN while we wait?
Ok_Active_8294 - 3 upvotes - source
Aprn
20Barnum20 - 3 upvotes - source
APRN getting wild now too
ValuableNorth4 - 3 upvotes - source
$APRN halted and dipped at the exact same time as BBBY. Another one with high short interest about to get squeezed
Jujuulz - 3 upvotes - source
APRN while we wait I’m just saying
20Barnum20 - 2 upvotes - source
Gonna let these APRN calls ride, screw it
presdonts - 2 upvotes - source
APRN trying to join in on that action
antm593 - 2 upvotes - source
APRN about to 🌞🌝
chompar - 2 upvotes - source
anyone looking at APRN?
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