Is a meal-kit delivery service founded in 2012, currently operating in the United States.The company went public in June 2017, offering its shares in the New York Stock Exchange (NYSE) under the ticker symbol APRN.The company’s IPO was highly anticipated, but the stock did not perform as expected.The initial public offering of Blue Apron’s shares was priced at $10 per share, but the opening price on the first day of trading was $10. have lost nearly half their value since they began trading on the stock market at the end of June.Blue Apron Holdings NYSEAPRN Stock Reportīlue Apron Holdings is a popular meal-kit delivery service that has been steadily growing its customer base and gaining popularity over the past few years.As a publicly traded company, Blue Apron's performance and financials are a topic of great interest to investors and consumers alike.In this blog post, we will provide an overview of Blue Apron's stock, discuss the factors that affect its performance in the market, and analyze its financials.Whether you're a prospective investor or just curious about the inner workings of this innovative company, keep reading to learn more!Overview of Blue Apron Holdings StockBlue Apron Holdings Inc. And supermarket operator Albertsons recently bought rival Plated and plans to sell kits at its 2,300 stores. Amazon, which recently bought grocer Whole Foods, is testing its own meal kits. The company says the cuts were at its corporate offices and warehouses where its meal kits are packed and shipped.īlue Apron has been facing increasing competition. New York-based Blue Apron, which had nearly 5,400 employees in June, said Wednesday the layoffs represent about 6 percent of its workforce. on October 19, 2017.īlue Apron is cutting about 320 jobs, less than four months after the meal-kit seller became a public company. Matt O'Donnell reports during Action News at 4:30 a.m.
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