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Blue Apron's Share Price Is Falling Like A Busted Soufflé

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Business Insider reports meal-kit maker Blue Apron hit a record low of $1.50 a share on Tuesday. Shares are down 85% since their June 2017 initial public offering. In August, the cook-at-home subscription service saw a 24% year-over-year drop in customers in Q2. Against competitors Amazon and Walmart, revenue per customer slipped to $250 from $251 last year.

Added on the 02/10/2018 15:47:47 - Copyright : Wochit

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