Blue Apron IPO off to a rough start

 Meal delivery business Blue Apron opened for trading at $10 per share on Thursday, significantly below the originally proposed range of $15 to $17. It’s also flat compared to the $10 they priced it at last night, meaning the IPO investors have yet to reap any gains.
It also suggests that employees and investors who joined the venture-backed company at a later stage are underwater. New… Read More