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Blue Apron Stock Falls Below A Dollar

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Business Insider reports that Blue Apron shares fell below $1 for the first time on Tuesday. The company's initial public offering priced at $10 in June 2017. Amazon bought Whole Foods just days before Blue Apron's IPO. Soon after that Amazon announced was entering the meal-kit space. Blue Apron has not been able to recover. The stock has been in dire straights ever since. Recently, Blue Apron announced it was having trouble keeping its customers.

Added on the 19/12/2018 11:17:41 - Copyright : Wochit

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