APRN Blows its Lid & More

Blue Apron Holdings Inc. APRN

We provided readers with a set of stocks that we felt were uniquely built to weather the coronavirus storm in yesterday morning’s premarket report. APRN had already begun to rise a little bit prior to that, but yesterday’s huge session really sent it for a ride.

The stock registered as the number three top gainer on the NASDAQ for its performance, which saw it trade up from a low 8.70 and hit 19.49, which represents an intraday rise of 124%. As of this morning’s premarket trading, APRN has now hit 24.50, extending our total observed range in 24 hours to 182%

With people being urged to stay home as much as possible, and perhaps with a mandatory nationwide quarantine on the way, we would expect Blue Apron’s order volume to stay at what we can only imagine are all time highs. As far as how high the stock could run, that’s anyone’s guess, but we’ll be tracking it closely to find out.

Decision Diagnostics Corp. DECN

Certain stocks on the OTC have also been enjoying solid performances in relation to the coronavirus.  The company believes that its GenViro! COVID-19 “Rapid” Kit will be in high demand after the release of new FDA guidance allowing for near immediate distribution of kits with minimal red tape.

We had placed the stock in our extended watchlist in yesterday morning’s report, and were met with a very respectable intraday move from .118-.198, which works out to a gain of 68%

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