Blue Apron (APRN) IPO Looks to Close Flat on Debut
Blue Apron (NYSE: APRN) is testing its $10/share syndicate price to end the session. Shares last trade $10.02 after opening at $10 and trading as high as $11. Underwriters are seen supporting the bid at that level, if it breaks shares could fall further.
The IPO was marred by Amazon's recent purchase of Whole Foods.