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Blue Apron Shares Drop To A New Low

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Shares of Blue Apron dipped to an all-time low. The meal-kit subscription dropped to $1.81 per share on Tuesday. The company has faced increasing pressures from competition, like HelloFresh. big companies like Walmart and Amazon entering its space. In March, Walmart announced it was launching its own line of meal kits. The company has struggled to attract new customers and retain old ones since going public last June.

Added on the 03/04/2018 14:15:07 - Copyright : Wochit

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