Blue Apron notches triple-digit percentage gain while Nike rallies after earnings beat and boosts Foot Locker stock

Blue Apron Holding Inc.‘s stock APRN, -4.60% 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.

Nike’s shares NKE, +0.23% rallied 8% 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, +6.86%.Nio Inc.‘s stock NIO, +5.32% was up by nearly 4% in premarket trading as Chinese stocks were boosted by the Cyberspace Administration of China’s move to ease cross-border data-security controls. Alibaba Group Holdings Ltd. BABA, -0.75% rose 2.3%.

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Blue Apron reportedly strikes acquisition deal, stock soars 100%Blue shares were surging more than 100% in premarket trading Friday after the WSJ reported that the meal-kit company has reached a deal to be acquired.
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Blue Apron's stock soars as acquisition deal marks sputtering end to life as a public companyThe meal-kit company has agreed to be acquired in a deal that values it at a fraction of what it was worth when it came public six years ago.
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