After news of Walmart's announcement this morning, Blue
Apron shares dropped to its lowest point since going public last summer, with a four percent dip that brings the year - to - date loss to 34.9 percent, reports Financial Times.
Not exact matches
Shares in Blue
Apron have suffered a 50 %
drop since its own IPO in late June.
Blue
Apron shares tumbled more than 11 percent to $ 6.51, a
drop of nearly 35 percent since its June 29 initial public offering price of $ 10.
Activity in Blue
Apron's options also leaned toward defensive bets, with put options that make money if the
shares drop below $ 5 by the third week of January drawing the most activity on Monday.
Finally,
shares of Blue
Apron dropped more than 12 %.
Today, Blue
Apron's
shares dropped to a record low following Weight Watchers announcing it would launch its own meal kits to be sold in grocery stores.