Blue Apron priced its IPO at $10 a share — after slashing the amount it wanted to raise
|06/29/2017||Posted by BusinessMediaguide.Com under General World News||
Blue Apron has priced its initial public offering well below original expectations amid worries that a merger between Amazon and Whole Foods could threaten the startup’s future growth.
The New York-based meal prep delivery startup has priced its IPO at $10 per share, CNBC reported.
At that price, the company could raise about $300 million, and be valued at about $1.9 billion. It will begin trading on the New York Stock Exchange Thursday under the ticker APRN.
Earlier Wednesday the company announced it had slashed its expected range for the price of its IPO from $15 to $17 per share read more >>>