Blue Apron sinks below its IPO price
Advertisement
Blue Apron went public Thursday, and barely eked out a gain.
Advertisement
The meal-kit delivery company ended trading at $10.01, just a penny higher than its initial public offering price of $10.
Now, Blue Apron is down 2.8% at $9.72.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Initially, Blue Apron shares were expected to price in the $15 to $17 range, but that range was lowered to between $10 and $11 on Wednesday morning.
Click here to follow Blue Apron's stock price in real time...
Advertisement
Advertisement
- As Ilya Sutskever announces OpenAI exit, here’s a quick recap of his involvement in Sam Altman's firing last year
- DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever
- India-UK trade pact: Work in progress to resolve pending issues
- 5 most colourful mountains in the world
- Vivo takes the top spot in India: Top smartphone brands in Q1 2024