Citron expects Peloton to buy or invest in Blue Apron

N Citron

08/02/2022 18:41

** Shares in meal kit firm Blue Apron  APRN.N  rise 6.1% to
$7.82
    ** Stock commentary website Citron Research says it expects
https://bit.ly/3JhkIWh exercise bike maker Peloton Interactive
 PTON.O  to buy or make a strategic investment into APRN
    ** Offering meal kits and integrating food in its
programming to its subscribers is the natural progression for
Peloton under new CEO Barry McCarthy - Citron
    ** Citron last month tweeted APRN is too cheap to ignore and
PTON needed to buy APRN fast before stock is $30
    ** PTON and APRN did not immediately respond to Reuters'
requests for comments
    ** APRN shares gained 20% last year

 (Reporting by Praveen Paramasivam)
 ((Praveen.Paramasivam@thomsonreuters.com;))