Pre-Market Technical Recap on Specialty Retail Stocks -- Alibaba, LiNiu Technology, Blue Apron, and KAR Auction Services

NEW YORK, August 31, 2017 /PRNewswire/ --

If you want a Stock Review on BABA, LINU, APRN, or KAR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has initiated research coverage on Alibaba Group Holding Ltd (NYSE: BABA), LiNiu Technology Group (NASDAQ: LINU), Blue Apron Holdings Inc. (NYSE: APRN), and KAR Auction Services Inc. (NYSE: KAR). Specialty Retail companies are engaged in the operation of stores and dealerships concentrated on a single product. The industry includes car and truck dealerships, auto parts, home improvement, office supplies, and other focused retail operations. Daily Stock Tracker provides great insights on these stocks in its free research reports at:

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Alibaba Group Holding 

Hangzhou, the People's Republic of China-based Alibaba Group Holding Ltd's shares climbed 2.29%, finishing Wednesday's trading session at $171.25. A total volume of 17.27 million shares was traded. In the last month and the previous three months, the stock has advanced 10.68% and 38.14%, respectively. Additionally, the Company's shares have surged 95.02% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 11.60% and 45.27%, respectively. Moreover, shares of the Company, which through its subsidiaries, operates as an online and mobile commerce company in China and internationally, have a Relative Strength Index (RSI) of 65.53.

On August 10^th, 2017, Alibaba Group announced Gateway Canada, a one-day event to educate Canadian companies, agribusinesses, entrepreneurs, and the travel and hospitality industry about tapping the rapidly growing demand among Chinese consumers for imports and international tourism experiences. The event will take place on September 25^th, 2017 at the Enercare Centre in Toronto.

On August 23^rd, 2017, research firm MKM Partners reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $177 a share to $220 a share. Free research report on BABA is available at:

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LiNiu Technology Group 

On Wednesday, shares in Macau-based LiNiu Technology Group recorded a trading volume of 8.40 million shares, which was above their three months average volume of 435,570 shares. The stock ended the session 29.64% higher at $2.16. The Company's shares have gained 55.53% in the last one month and 28.82% on an YTD basis. The stock is trading 13.63% above its 50-day moving average and 20.17% above its 200-day moving average. Furthermore, shares of the Company, which through its subsidiaries, engages in gaming related business, have an RSI of 61.92.

On August 07^th, 2017, LiNiu Technology announced that its Board of Directors has appointed David Wong as an independent director, effective immediately. Mr. Wong's appointment returns the Board to nine members, five of which are independent directors. He will be a member of the Company's Audit Committee and Nominating and Governance Committee. The complimentary research report on LINU can be downloaded at:

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Blue Apron Holdings 

Shares in New York headquartered Blue Apron Holdings Inc. closed at $5.33, up 3.09% from the last trading session. The stock recorded a trading volume of 906,987 shares. The Company's shares are trading 19.02% below their 50-day moving average. Additionally, shares of the Company, which operates an e-commerce marketplace that delivers original recipes and fresh ingredients for making home cooking accessible, have an RSI of 35.35.

On August 10^th, 2017, Blue Apron announced financial results for the quarter ended June 30^th, 2017. For Q2 2017, net revenue was $238.1 million; cost of goods sold was $163.5 million; and marketing expense was $34.5 million. For the quarter, net loss was $(31.6) million and adjusted EBITDA was a loss of $(23.9) million. Cash and cash equivalents were $61.6 million as of June 30^th, 2017.

On August 21^st, 2017, research firm Oppenheimer resumed its 'Perform' rating on the Company's stock. Visit DailyStockTracker.com today and access our complete research report on APRN at:

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KAR Auction Services 

Carmel, Indiana headquartered KAR Auction Services Inc.'s stock ended 0.52% higher at $44.70. A total volume of 980,860 shares was traded, which was above their three months average volume of 864,700 shares. The Company's shares have advanced 6.45% in the last one month and 4.88% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.56% and 3.13%, respectively. Furthermore, shares of the Company, which together with its subsidiaries, provide vehicle auction services in the US, Canada, Mexico, and the UK, have an RSI of 62.67.

On August 10^th, 2017, KAR Auction Services announced the creation of its new KAR Remarketing Services operating segment. David Vignes will serve as President of the segment, which aligns the Company's AutoVIN, Dent Demon, High Tech Locksmiths, and PAR North America businesses. Get free access to your research report on KAR at:

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