Blue Apron tumbled more than 12% Monday, nearly a week after it priced an offering of 15 million shares at a discount.
tumbled 12.06% to $0.95 apiece Monday, nearly a week after the company priced a 15 million-share offering at a discount.
Last Wednesday, Blue Apron priced shares at $1.15 apiece, representing an 11% discount to the prior day's closing price,Blue Apron has had a rough time as a publicly traded company since its June 2017 initial public offering. First, Amazon announced plans to buy Whole Foods, causing
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