|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's range||8.34 - 8.92|
|52-week range||3.52 - 12.35|
|Beta (5Y monthly)||-3.73|
|PE ratio (TTM)||N/A|
|Earnings date||27 Oct 2021 - 01 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||10.05|
At the beginning of 2020, Blue Apron's (NYSE: APRN) days seemed numbered. After declining for more than two straight years, Blue Apron's revenue started to rise again as more people stayed at home and ordered meal kits. Blue Apron's revenue plunged 32% in 2019, but rose 1% to $460.6 million in 2020.
NEW YORK, October 12, 2021--Blue Apron Holdings, Inc. (NYSE: APRN) announced today that it has commenced a $45.0 million rights offering as part of its planned $78.0 million capital raise, each as previously disclosed in the Form 8-K filed with the U.S. Securities and Exchange Commission ("SEC") on September 15, 2021.
This week I see PepsiCo (NASDAQ: PEP), Blue Apron (NYSE: APRN), and Robinhood Markets (NASDAQ: HOOD) as vulnerable investments in the near term. You're not going to find me often singling out blue chip consumer brands here, but among the small handful of companies reporting quarterly results this week, PepsiCo is one that has me concerned the most. PepsiCo doesn't trip any of the red flags that typically steer me to be concerned heading into an earnings report.