Up 70% in the Past Year, Does The New York Times Still Have Room to Run?

Up 70% in the Past Year, Does The New York Times Still Have Room to Run?

Blue Apron (NYSE: APRN) made its debut on Wall Street just a few months ago, but the stock is already down 50% from its original offer price.

In this episode of Industry Focus: Consumer Goods, Vincent Shen and Asit Sharma look at the ongoing headwinds Blue Apron must overcome, and how the meal kit industry is likely to become even more challenging.

The cast also spends time looking at The New York Times Co. (NYSE: NYT), which is enjoying a major boost in readership thanks to President Trump. But while this impressive growth may be temporary -- the stock is up about 80% since election night -- the company has been working for years to transitions its business to a sustainable, digital platform.

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Source: Fool.com