What Gave Blue Apron Shares a 20%-Plus Jump Monday?
In this Market Foolery podcast, Chris Hill and guest Kristine Harjes, host of the Industry Focus: Healthcare podcast, consider the latest on Blue Apron (NYSE: APRN), shares of which took a sharp jump after Barclays analyst upgraded them.
But before anyone decides that the company may be about to turn a corner, let's review the bidding: The founding CEO just stepped down barely half a year after taking his company public; shares have tanked from the IPO price; and the big question is whether the business model could work for any company.
A full transcript follows the video.
Source: Fool.com
