Blue Apron notches triple-digit percentage gain while Nike rallies after earnings beat, boosting rivals as well as retailer Foot Locker

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Blue Apron, Nike, Foot Locker and Bionomics are stocks in the spotlight, while brewing behemoth Anheuser-Bush InBev is labeled a buy by Bank of America.

Blue Apron Holding Inc.’s stock APRN, +134.52% rocketed by 134% after food-delivery start-up Wonder said it would acquire the company for $13 a share or about $103 million, just a fraction of its $2 billion in 2017 when the company went public.

Budweiser, Bud Light, Corona, Goose Island and Stella Artois parent Anheuser-Busch InBev was labeled a buy, an upgrade from neutral, by Bank of America analysts. U.S.-listed shares BUD, +3.25% rose 3.5%. Shares of Nike NKE, +6.68% rallied 7% as the apparel maker, which is also part of the Dow Jones Industrial Average DJIA, reported better-than-expected earnings, news that also lifted shares of European rivals including Adidas ADS, +6.22% ADDYY, +6.07%.Walgreens Boots Alliance Inc.‘s stock WBA, +6.41% rose 6.2% as a top gainer among the Nasdaq 100 NDX as stocks reacted with gains to the latest inflation data.Bionomics BNOX, -19.

 

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