Wall Street gets its first taste of Blue Apron IPO
Wall Street gets its first taste of Blue Apron IPO

Amazon is cooking up a plan to disrupt the meal-kit delivery business that Blue Apron helped pioneer.

Blue Apron (APRN) shares plunged as much as 11% on Monday following news that Amazon filed to trademark a prepared food-kit service. About one-third of Blue Apron’s value has vanished since the company went public late last month.

http://money.cnn.com/2017/07/17/investing/amazon-blue-apron-stock-meal-kit/index.html?section=money_markets&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_markets+%28CNNMoney%3A+Markets%29

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