Why the Marley Spoon (ASX:MMM) share price is one to watch today

Published

5 years ago

January 29, 2021

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…

Related Topics:fool.com.au

Australian green hydrogen innovator set to flip the Philippines’ coal-fired fleet – pv magazine Australia

SafeWA app coronavirus contact tracing requirements extended to shops – ABC News

Two people arrested after man fatally shot at McLaren Flat

ICAC investigating University of Wollongong as chancellor grilled at Inquiry

Man refused bail charged with depicting Adolf Hitler and Nazi symbols on boat

Warner Bros Discovery board rejects rival $163bn bid from Paramount