Blue Apron's Share Price Is Falling Like A Busted Soufflé
- 6 years ago
Business Insider reports meal-kit maker Blue Apron hit a record low of $1.50 a share on Tuesday.
Shares are down 85% since their June 2017 initial public offering.
In August, the cook-at-home subscription service saw a 24% year-over-year drop in customers in Q2.
Against competitors Amazon and Walmart, revenue per customer slipped to $250 from $251 last year.
Shares are down 85% since their June 2017 initial public offering.
In August, the cook-at-home subscription service saw a 24% year-over-year drop in customers in Q2.
Against competitors Amazon and Walmart, revenue per customer slipped to $250 from $251 last year.