Business
Why the Marley Spoon (ASX:MMM) share price is one to watch today
The Marley Spoon AG (ASX: MMM) share price slumped 5.6% lower on Thursday and could be on the move again today.
Shares in the Europe-based meal kit company slumped lower yesterday as the S&P/ASX 300 Index (ASX: XKO) fell 2.0% to 6,638.90 points.
However, the company’s latest quarterly update makes the Marley Spoon share price worth watching today.
Why is the Marley Spoon share price on watch?
Marley Spoon doubled its revenue in 2020 with strong growth driven by the United States market.
The company’s fourth quarter update (Q4 2020) for the period ended 31 December 2020 delivered a result broadly in line with guidance.
Marley Spoon expects to post revenue of 254 million euros (A$404.4 million), within the guidance range and up…
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