Blue Apron (APRN)

[rrojarom]

Blue Apron (NYSE:APRN) is up after the company is singled out on CNBC by Kevin O'Leary.

Blue Apron

For his second-round pick, Kevin O'Leary went with recently-battered stock Blue Apron, based on the possibility of a deal.

"I assume an acquisition in the next 12 months at a much higher premium," O'Leary said. "If Albertsons is buying Plated, who's going to buy Blue Apron?" O'Leary said.

Blue Apron shares are down 80 percent since its IPO in June but the stock surged 10 percent Thursday after O'Leary's bullish call.