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Blue Apron Has Dropped 90% Since Going Public

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Blue Apron shares jumped early Tuesday after the meal-kit maker reported a smaller-than-expected first-quarter loss. Blue Apron shares jumped more than 7% to $1.11 a share early Tuesday after the beaten-down meal-kit maker reported a smaller-than-expected first-quarter loss after naming a new chief executive. Shares of the company have plummeted 90% since going public two years ago amid intense competition in the meal preparation and grocery space.

Added on the 30/04/2019 08:29:01 - Copyright : Wochit

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