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June 29, 2017 08:11 pm GMT
Blue Apron investors might be shedding a tear — and it’s not from the chopped onions. The subscription service for at-home cooking closed the day just barely above $10 per share. This is not only a disappointment for the company, which hoped to raise more money by selling stock at $15 to $17 to share, but also for the new investors who bought at the $10 IPO price. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/EBj2XivlKNc/
Blue Apron whiffs on first day of trading
Blue Apron investors might be shedding a tear — and it’s not from the chopped onions. The subscription service for at-home cooking closed the day just barely above $10 per share. This is not only a disappointment for the company, which hoped to raise more money by selling stock at $15 to $17 to share, but also for the new investors who bought at the $10 IPO price. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/EBj2XivlKNc/
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