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How Blue Apron Stock Reacted to Third-Quarter Results

Victoria Dean
How Blue Apron Stock Reacted to Third-Quarter Results

On November 14, Blue Apron Holdings (APRN) stock was down 4.1% after the company announced its third-quarter numbers on November 13. Compared with its IPO price of $10.00 on June 29, 2017, APRN stock is down 88.3% to $1.17 as of November 14. In the third quarter, Blue Apron’s customer base fell 24.5% YoY to 646,000, and its orders fell 26.6% to 2.6 million.