These are two players going in different directions.
News & Analysis: Blue Apron Holdings, Inc.
The meal-kit company saw demand tick higher once the coronavirus hit the U.S., but it wasn't enough to prove the business model works.
The meal kit delivery company expects to see a big uptick in its business because of the widespread lockdowns, but will it last?
There's reason to believe it doesn't think the pandemic is a one-off event for its business.
These companies may benefit from stay-at-home orders for a while, but that doesn't make them good long-term investments.
Any return to normalcy will likely hurt the company.
Or has it just postponed the inevitable?
Shares of the meal-kit provider had surged on signs of increasing demand, but the rally came to an end today.
From the highs of 2010, Groupon has come down a long way. It needs to change consumer perception to stay relevant today.
The meal kit maker posted another quarter of growing customer defections.