Shares of Germany's HelloFresh rose more than 10% on Friday morning after the meal-kit company released its full-year and fourth-quarter results. The Berlin-based firm reported a total of 6.
64 million active customers at the end of last year, reflecting a 6.5% decrease when compared to the same period of 2022. HelloFresh shares plunged more than 40% last week after the recipe box delivery company disappointed with its 2024 earnings outlook . The firm's stock price has fallen 48% year-to-date. — Sam Meredith
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