Monday, July 17, 2017

Blue Apron is having another awful day and its shares are crashing

Since going public last month, things have not gone particularly well for Blue Apron thanks to the specter of Amazon and its $13.7 billion acquisition bid for Whole Foods. The bad news, again, continues to roll in as what may have been a competitor in theory now seems more and more like an existential threat. Blue Apron’s shares are down another 10% today, continuing a streak of mistrust and

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