APRN's Crashing Slighly After Rally, but Likely a $10 Short

2020年5月18日

First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into some important key points. Blue Apron had one of its biggest rallies given the surge in demand for obvious reasons, especially after poor earnings and operational performances. However, some operational problems are rumored to be returning, but it looks like even w/ mismanagement and the current resistance target, the price of Blue Apron's stock should reach around $10 soon, even given many of the professional analyst's negative sell-off orders.