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Why Blue Apron Holdings, Cato, and Universal Jumped Today

Thursday was generally a weak day for the stock market, although declines for most major benchmarks were relatively modest. Most of the attention among investors focused on the decision by the U.S. to cancel its proposed meeting with North Korean leaders, with the White House citing the harsh tone of recent North Korean comments.

Yet despite the return of concerns that military conflict will be the only eventual resolution to the issue, markets didn't have a huge negative reaction, and good news helped shares of some high-profile individual companies. Blue Apron Holdings (NYSE: APRN), Cato (NYSE: CATO), and Universal (NYSE: UVV)were among the best performers on the day. Here's why they did so well.

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