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Blue Apron sinks below its IPO price (APRN)

Business Insider - 30 Jun 2017 17:08
Blue Apron sinks below its IPO price (APRN) Blue Apron went public Thursday, and barely eked out a gain. The meal-kitdelivery company ended trading at $10.01, just a pennyhigher than its initial public offering price of $10. Now, Blue Apron is down2.8% at$9.72. Initially, Blue Apron shares were expected to price in the $15 to $17 range, but thatrange was lowered to between $10 and $11on Wednesday morning.
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