Blue Apron tumbles again in its second day as its IPO settles for a down round

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Friday, 30 June 2017

Blue Apron tumbles again in its second day as its IPO settles for a down round

Friday, 30 June 2017 by Muhammad Ifzal

Blue Apron is now down from its IPO price during trading today, falling around 4% and down to around $9.60 — a bit south of its original price. Early in the planning process, Blue Apron was shooting for a price range of between $15 and $17, which would have helped it raise even more money and value the company at around $3 billion. Instead, it had to settle for a valuation below $2… Read More