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June 29, 2017 03:01 pm GMT
Meal delivery business Blue Apron opened for trading at $10 per share on Thursday, significantly below the originally proposed range of $15 to $17. It’s also flat compared to the $10 they priced it at last night, meaning the IPO investors have yet to reap any gains.It also suggests that employees and investors who joined the venture-backed company at a later stage are underwater. New… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6nsIfYDAosA/
Blue Apron IPO off to a rough start
Meal delivery business Blue Apron opened for trading at $10 per share on Thursday, significantly below the originally proposed range of $15 to $17. It’s also flat compared to the $10 they priced it at last night, meaning the IPO investors have yet to reap any gains.It also suggests that employees and investors who joined the venture-backed company at a later stage are underwater. New… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/6nsIfYDAosA/
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